Re: [OT] Ending Battle, Wolfowitz Resigns From World Bank

[Pete Theisen]

On Friday 18 May 2007 12:03 pm, Michael Madigan wrote:
> I think that Donald Trump should be selected.

Hi Michael!

Helio would be perfect.
-- 
Regards,

Pete
http://www.pete-theisen.com/


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RE: [OT] Ending Battle, Wolfowitz Resigns From World Bank

[Michael Madigan]

I think that Donald Trump should be selected.



--- Adam Buckland <[EMAIL PROTECTED]> wrote:

> Unlikely
> 
> Prime Minister Tony Blair is a 25-1 outsider to be
> the next president of
> the World Bank, according to the latest odds from
> Ladbrokes.
> 
> But the 4-5 favourite to take over the leadership of
> the organisation in
> the wake of Paul Wolfowitz's resignation is Ashraf
> Ghani, who is
> currently chancellor of Kabul University and was the
> Afghan finance
> minister following the Taliban's overthrow in 2002.
> advertisement
> 
> Robert Zoellick, the US deputy secretary of state,
> is 7-2
> second-favourite, followed by fellow US government
> official Robert
> Kimmitt, the deputy treasury secretary, at 5-1.
> 
> Mr Wolfowitz, the Bank's current president, said
> last night that he
> would resign at the end of June after a bitter row
> involving the
> promotion of his girlfriend.
> 
> Mr Blair, who steps down as Prime Minister on June
> 27, is in the frame
> for the high profile role, according to Joseph
> Stiglitz, the Nobel
> prize-winning economist and a former chief economist
> at the World Bank.
> 
> He told BBC Radio Five Live that: "He is one of the
> people that is
> clearly being discussed. Blair has clearly been a
> political leader that
> has had the kinds of connections that one needs;
> that would be useful as
> head of the institution."
> 
> But Mr Stiglitz said that it would be better for the
> World Bank to
> appoint an economist rather than a political
> figurehead.
> 
> "I think it would be good for the institution at
> this juncture if they
> had somebody who was an economist who really
> understood what development
> entailed and could work closely with the staff that
> has been very
> alienated by Paul Wolfowitz over the last two years
> and bring together
> the institution," he said
> 
> The World Bank, which provides financial and
> technical assistance to
> developing countries around the world, has never had
> a non-American
> president before.
> 
> But Mr Ghani, who was a key figure in helping to
> repair the Afghan
> economy after the Taliban were thrown out of power,
> is said to be to be
> high up on a list of possible replacements for Mr
> Wolfowitz drawn up by
> officials at the White House.
> 
> He was a candidate to replace Kofi Annan as
> secretary-general of the
> United Nations last year and worked as a special
> adviser for the World
> Bank between 1991 and 2002.
> 
> Other possible candidates include Ngozi
> Okonjo-Iweala, a former Nigerian
> finance minister who would be the first woman to
> lead the World Bank,
> and John Bolton, the controversial former US
> ambassador to the UN.
> 
> -Original Message-
> From: [EMAIL PROTECTED]
> [mailto:[EMAIL PROTECTED] On
> Behalf Of Robert Calco
> Sent: 18 May 2007 12:29
> To: ProFox Email List
> Subject: Re: [OT] Ending Battle, Wolfowitz Resigns
> From World Bank
> 
> Maybe the truth is rather more complicated, Leland:
> 
>
<http://www.opinionjournal.com/editorial/feature.html?id=110010050>
> 
> - Bob
> 
> On May 18, 2007, at 1:18 AM, Leland F. Jackson, CPA
> wrote:
> 
> > Paul Wolfowitz left the Bush Administration in
> 2005, as a high ranking
> > official in the Pentagon and architects ot the
> Iraq war, to take over
> > leadership of the World Bank.  Wolfowitz
> leadership role with the  
> > World
> > Bank didn't work out, either.  It will be
> interesting to see who
> > President Bush selects to become the new head of
> the World Bank, or  
> > even
> > if President Bush's nomination will be consider or
> approved.  From
> > reading the article, it seem to me the US has lost
> a lot of clout with
> > the rest of the world over the past 6 years.
> >
> > #--
> >
> >
> >   Ending Battle, Wolfowitz Resigns From World Bank
> >
> > By Peter S. Goodman
> >
>
<http://projects.washingtonpost.com/staff/email/peter+s.+goodman/>
> > Washington Post Staff Writer
> > Friday, May 18, 2007; Page A01
> >
> > World Bank President Paul D. Wolfowitz
> >
>
<http://www.washingtonpost.com/wp-srv/related-topics.html/Paul
> 
> > +Wolfowitz?tid=informline>
> > resigned yesterday, effective June 30, yielding to
> demands from
> > governments around the world that he leave to end
> the ethics  
> > controversy
> > that has consumed the institution.
> >
> > Wolfowitz's resignation, negotiated in rece

RE: [OT] Ending Battle, Wolfowitz Resigns From World Bank

[Adam Buckland]

Unlikely

Prime Minister Tony Blair is a 25-1 outsider to be the next president of
the World Bank, according to the latest odds from Ladbrokes.

But the 4-5 favourite to take over the leadership of the organisation in
the wake of Paul Wolfowitz's resignation is Ashraf Ghani, who is
currently chancellor of Kabul University and was the Afghan finance
minister following the Taliban's overthrow in 2002.
advertisement

Robert Zoellick, the US deputy secretary of state, is 7-2
second-favourite, followed by fellow US government official Robert
Kimmitt, the deputy treasury secretary, at 5-1.

Mr Wolfowitz, the Bank's current president, said last night that he
would resign at the end of June after a bitter row involving the
promotion of his girlfriend.

Mr Blair, who steps down as Prime Minister on June 27, is in the frame
for the high profile role, according to Joseph Stiglitz, the Nobel
prize-winning economist and a former chief economist at the World Bank.

He told BBC Radio Five Live that: "He is one of the people that is
clearly being discussed. Blair has clearly been a political leader that
has had the kinds of connections that one needs; that would be useful as
head of the institution."

But Mr Stiglitz said that it would be better for the World Bank to
appoint an economist rather than a political figurehead.

"I think it would be good for the institution at this juncture if they
had somebody who was an economist who really understood what development
entailed and could work closely with the staff that has been very
alienated by Paul Wolfowitz over the last two years and bring together
the institution," he said

The World Bank, which provides financial and technical assistance to
developing countries around the world, has never had a non-American
president before.

But Mr Ghani, who was a key figure in helping to repair the Afghan
economy after the Taliban were thrown out of power, is said to be to be
high up on a list of possible replacements for Mr Wolfowitz drawn up by
officials at the White House.

He was a candidate to replace Kofi Annan as secretary-general of the
United Nations last year and worked as a special adviser for the World
Bank between 1991 and 2002.

Other possible candidates include Ngozi Okonjo-Iweala, a former Nigerian
finance minister who would be the first woman to lead the World Bank,
and John Bolton, the controversial former US ambassador to the UN.

-Original Message-
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On
Behalf Of Robert Calco
Sent: 18 May 2007 12:29
To: ProFox Email List
Subject: Re: [OT] Ending Battle, Wolfowitz Resigns From World Bank

Maybe the truth is rather more complicated, Leland:

<http://www.opinionjournal.com/editorial/feature.html?id=110010050>

- Bob

On May 18, 2007, at 1:18 AM, Leland F. Jackson, CPA wrote:

> Paul Wolfowitz left the Bush Administration in 2005, as a high ranking
> official in the Pentagon and architects ot the Iraq war, to take over
> leadership of the World Bank.  Wolfowitz leadership role with the  
> World
> Bank didn't work out, either.  It will be interesting to see who
> President Bush selects to become the new head of the World Bank, or  
> even
> if President Bush's nomination will be consider or approved.  From
> reading the article, it seem to me the US has lost a lot of clout with
> the rest of the world over the past 6 years.
>
> #--
>
>
>   Ending Battle, Wolfowitz Resigns From World Bank
>
> By Peter S. Goodman
> <http://projects.washingtonpost.com/staff/email/peter+s.+goodman/>
> Washington Post Staff Writer
> Friday, May 18, 2007; Page A01
>
> World Bank President Paul D. Wolfowitz
> <http://www.washingtonpost.com/wp-srv/related-topics.html/Paul 
> +Wolfowitz?tid=informline>
> resigned yesterday, effective June 30, yielding to demands from
> governments around the world that he leave to end the ethics  
> controversy
> that has consumed the institution.
>
> Wolfowitz's resignation, negotiated in recent days with the bank's
> executive board, closed the leadership crisis that has essentially
> paralyzed the institution for almost two months. It preempted what had
> been a growing likelihood that the board would reprimand or fire him
> after a committee report found that he broke ethics rules in  
> awarding a
> substantial raise to his girlfriend.
>
> Wolfowitz and his attorney, Robert S. Bennett
> <http://www.washingtonpost.com/wp-srv/related-topics.html/Robert+S. 
> +Bennett?tid=informline>,
> extracted a measure of the exoneration they had demanded before he  
> would
> resign. In a statement released last night, the board conceded that "a
> number of mistakes were made by a number of individuals in handling  
> the
> matter under consideration,

Re: [OT] Ending Battle, Wolfowitz Resigns From World Bank

[Robert Calco]

Maybe the truth is rather more complicated, Leland:



- Bob

On May 18, 2007, at 1:18 AM, Leland F. Jackson, CPA wrote:

> Paul Wolfowitz left the Bush Administration in 2005, as a high ranking
> official in the Pentagon and architects ot the Iraq war, to take over
> leadership of the World Bank.  Wolfowitz leadership role with the  
> World
> Bank didn't work out, either.  It will be interesting to see who
> President Bush selects to become the new head of the World Bank, or  
> even
> if President Bush's nomination will be consider or approved.  From
> reading the article, it seem to me the US has lost a lot of clout with
> the rest of the world over the past 6 years.
>
> #--
>
>
>   Ending Battle, Wolfowitz Resigns From World Bank
>
> By Peter S. Goodman
> 
> Washington Post Staff Writer
> Friday, May 18, 2007; Page A01
>
> World Bank President Paul D. Wolfowitz
>  +Wolfowitz?tid=informline>
> resigned yesterday, effective June 30, yielding to demands from
> governments around the world that he leave to end the ethics  
> controversy
> that has consumed the institution.
>
> Wolfowitz's resignation, negotiated in recent days with the bank's
> executive board, closed the leadership crisis that has essentially
> paralyzed the institution for almost two months. It preempted what had
> been a growing likelihood that the board would reprimand or fire him
> after a committee report found that he broke ethics rules in  
> awarding a
> substantial raise to his girlfriend.
>
> Wolfowitz and his attorney, Robert S. Bennett
>  +Bennett?tid=informline>,
> extracted a measure of the exoneration they had demanded before he  
> would
> resign. In a statement released last night, the board conceded that "a
> number of mistakes were made by a number of individuals in handling  
> the
> matter under consideration," and the bank would need to improve its
> ethical procedures. The board declared that Wolfowitz "assured us that
> he acted ethically and in good faith in what he believed were the best
> interests of the institution, and we accept that."
>
> The statement added: "We are grateful to Mr. Wolfowitz for his service
> at the bank. Much has been achieved in the last two years."
>
> That language was agreed upon only after fractious debate among board
> members, with some, particularly European representatives, dismayed  
> that
> it appeared to hand Wolfowitz a victory. In the end, however, they
> swallowed the language as the price of getting Wolfowitz to quit.
>
> Wolfowitz has argued that he sought to resolve an obvious conflict of
> interest by transferring his longtime companion, Shaha Riza
>  +Riza?tid=informline>,
> to another job at the State Department
>  +Department+of+State?tid=informline>
> so that he could avoid supervising her, while increasing her pay as
> compensation for the career disruption.
>
> Staff members described a celebratory mood inside the World Bank
>  +Bank+Group?tid=informline>'s
> headquarters near the White House
>  +House?tid=informline>,
> with people embracing, singing songs and hoisting flutes of Champagne.
>
> The ethics scandal that ultimately brought down Wolfowitz was  
> merely the
> latest in a long list of his infractions in the eyes of many staff
> members, who accused Wolfowitz of insulating himself behind tyrannical
> aides, disregarding the counsel of veteran bank officers and  
> running the
> bank as an adjunct of the Bush administration.
>
> The news that Wolfowitz was leaving, however, did not fully heal the
> international rifts that have emerged with the leadership crisis. His
> exit set off a new struggle to determine who will run the bank between
> now and his official departure date at the end of June.
>
> According to bank and Bush administration sources briefed on the
> negotiations, the White House on Wednesday demanded that Wolfowitz be
> allowed to stay for three months, fearing that otherwise an acting
> president would be put in place from within the bank. That could
> threaten the traditional American prerogative to select the head of  
> the
> institution.
>
> "They don't want to lose control," a bank official said.
>
> Most of the board, and particularly the Europeans, wanted Wolfowitz to
> leave immediately, asserting that he has lost the trust of the staff.
> The administration ultimately settled for a compromise, the June 30
> departure date, fearing that otherwise a caretaker pr

[OT] Ending Battle, Wolfowitz Resigns From World Bank

[Leland F. Jackson, CPA]

Paul Wolfowitz left the Bush Administration in 2005, as a high ranking 
official in the Pentagon and architects ot the Iraq war, to take over 
leadership of the World Bank.  Wolfowitz leadership role with the World 
Bank didn't work out, either.  It will be interesting to see who 
President Bush selects to become the new head of the World Bank, or even 
if President Bush's nomination will be consider or approved.  From 
reading the article, it seem to me the US has lost a lot of clout with 
the rest of the world over the past 6 years.

#--


  Ending Battle, Wolfowitz Resigns From World Bank

By Peter S. Goodman 

Washington Post Staff Writer
Friday, May 18, 2007; Page A01

World Bank President Paul D. Wolfowitz 

 
resigned yesterday, effective June 30, yielding to demands from 
governments around the world that he leave to end the ethics controversy 
that has consumed the institution.

Wolfowitz's resignation, negotiated in recent days with the bank's 
executive board, closed the leadership crisis that has essentially 
paralyzed the institution for almost two months. It preempted what had 
been a growing likelihood that the board would reprimand or fire him 
after a committee report found that he broke ethics rules in awarding a 
substantial raise to his girlfriend.

Wolfowitz and his attorney, Robert S. Bennett 
,
 
extracted a measure of the exoneration they had demanded before he would 
resign. In a statement released last night, the board conceded that "a 
number of mistakes were made by a number of individuals in handling the 
matter under consideration," and the bank would need to improve its 
ethical procedures. The board declared that Wolfowitz "assured us that 
he acted ethically and in good faith in what he believed were the best 
interests of the institution, and we accept that."

The statement added: "We are grateful to Mr. Wolfowitz for his service 
at the bank. Much has been achieved in the last two years."

That language was agreed upon only after fractious debate among board 
members, with some, particularly European representatives, dismayed that 
it appeared to hand Wolfowitz a victory. In the end, however, they 
swallowed the language as the price of getting Wolfowitz to quit.

Wolfowitz has argued that he sought to resolve an obvious conflict of 
interest by transferring his longtime companion, Shaha Riza 
,
 
to another job at the State Department 

 
so that he could avoid supervising her, while increasing her pay as 
compensation for the career disruption.

Staff members described a celebratory mood inside the World Bank 
's
 
headquarters near the White House 
,
 
with people embracing, singing songs and hoisting flutes of Champagne.

The ethics scandal that ultimately brought down Wolfowitz was merely the 
latest in a long list of his infractions in the eyes of many staff 
members, who accused Wolfowitz of insulating himself behind tyrannical 
aides, disregarding the counsel of veteran bank officers and running the 
bank as an adjunct of the Bush administration.

The news that Wolfowitz was leaving, however, did not fully heal the 
international rifts that have emerged with the leadership crisis. His 
exit set off a new struggle to determine who will run the bank between 
now and his official departure date at the end of June.

According to bank and Bush administration sources briefed on the 
negotiations, the White House on Wednesday demanded that Wolfowitz be 
allowed to stay for three months, fearing that otherwise an acting 
president would be put in place from within the bank. That could 
threaten the traditional American prerogative to select the head of the 
institution.

"They don't want to lose control," a bank official said.

Most of the board, and particularly the Europeans, wanted Wolfowitz to 
leave immediately, asserting that he has lost the trust of the staff. 
The administration ultimately settled for a compromise, the June 30 
departure date, fearing that otherwise a caretaker president might be 
inserted by the board over American wishes.

In rushing to secure Wolfowitz's resignation by last night, the board 
deferred the nettlesome question of what happens in the interim, a 
subject it plans to take up today.

Under a tradition dating to the creation of the World Bank in the 1940s, 
the U.S.