Thursday, April 12, 2007

How the Mighty Have Fallen

Or in this case, about to fall.
Paul Wolfowitz's tenure at the World Bank may end in the next day or two. Rumors are spreading like wild fire at the Bank that he plans to resign tomorrow.

I have no official information confirming this -- other than that several senior staff in two specific Executive Directorships at the World Bank and some other senior staff at the IMF and other staff are reporting to me that Wolfowitz's resignation is imminent. I'm not sure, however, that there views are not collective speculation.

Paul Wolfowitz has now admitted to helping his girlfriend, Shaha Riza, get positions outside the Bank, including "seconding" her to the US State Department that have helped up her salary to levels that clearly violate World Bank rules (i.e. nearly double her salary).

And there's more smoking guns in the article.

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