Skip to: Content
Skip to: Site Navigation
Skip to: Search

December 4, 2008 4:01:30 PM CST

Learn about Newser Points »

« Back to the grid | Next story »

No-Confidence Vote Looms For Wolfowitz

Posted May 12, 07 8:00 AM CDT in World,  Politics 

(Newser) – The World Bank executive board plans to force Paul Wolfowitz out of his post as president this week, reports The Washington Post; they're hoping a vote of no-confidence will induce him to resign without having to risk angering the U.S. by firing him.

The board will wait until after the tenacious neocon presents his written defense against the accuasations that he improperly arranged a promotion and raise for his girlfriend. But not long after: Wolfowitz is scheduled to appear before the board Tuesday, and senior bank officials tell the Post  they will vote soon after, asserting that his continued tenure will jeopardize the bank's ability to raise money for its mission.

Source Washington Post

0 comments | Print E-mail | Digg Seed this on Newsvine Add this link to Del.icio.us StumbleUpon

Related Newser Stories

  • World Bank Confirms New Prez

    Jun 26, 07 5:48 AM CDT
    World Bank Confirms New Prez Declaring that he's looking forward to "encouraging hope, opportunity and dignity," Robert Zoellick was elected yesterday to succeed the embattled Paul Wolfowitz as new chief of the World Bank. The Goldman Sachs investment banker and former US deputy secretary of state will officially step into office July 1.  More »

  • Former Trade Rep to Head World Bank

    May 29, 07 5:30 PM CDT
    Former Trade Rep to Head World Bank President Bush will tap former US trade representative Robert Zoellick as the new World Bank prez, sources close to administration said this afternoon. Zoellick, who has spent over 20 years in government, served as deputy secretary of state and the country's top trade official until last year, when he joined Goldman Sachs. More »

  • Wolfowitz Reportedly Back on the Market

    May 23, 07 3:36 PM CDT
    Wolfowitz Reportedly Back on the Market First the World Bank dumped him, and now Paul Wolfowitz is on the outs with girlfriend Shaha Riza, Page Six reports. "She was furious about the embarrassment," a source tells the Post, which says she resented implications she'd slept her way to the top. What's more, Riza didn't ask for the promotion that set off the scandal, another source said. More »

  • Wolfowitz Torpedoed 2nd Chance

    May 18, 07 11:14 AM CDT
    Wolfowitz Torpedoed 2nd Chance Paul Wolfowitz clung to his job at the World Bank with characteristic tenacity, but friends and colleagues tell the New York Times that his failure there may have been inevitable. He approached the bank position with the same single-mindedness he displayed at the Pentagon, where he was blind to dissenting views and dismissive of naysayers. More »

  • Wolfowitz Resigns From World Bank

    May 17, 07 5:59 PM CDT
    Wolfowitz Resigns From World Bank Paul Wolfowitz will leave the World Bank on June 30, capping a tumultuous two years for the development institution and its beleaguered president. Wolfowitz's tenure was marked by controversy from day one, when he assumed the office under the cloud of the Iraq war, until today, when a drawn-out ethics scandal finally drove him from office. More »

  (Associated Press)
  (Associated Press)
This picture made available by the World Bank on April 11, 2003 shows Shaha Riza. World Bank President Paul Wolfowitz decried what he called a "smear campaign" against him Monday, April 30, 2007, and...   (Associated Press)
FILES - Picture taken 13 April 2007 in Washington, DC, shows...   (Getty Images)
« Prev« Prev | Next »Next » Slideshow
Our editors also recommend:

max

Threads (
1
 of 2)

Tags

scandals • resignation • World Bank • Paul Wolfowitz • Shaha Riza • Neocon


Loading...

Premium Articles from HighBeam

Find more articles like this

Today's Most Popular

Loading...

Other Home Stories

What is Newser?

2008 Codie Finalist

Face it: there's too much news. At Newser a team of editors and writers culls the most important stories from hundreds of U.S. and international sources and reduces them to a headline, picture, and two paragraphs. It's the Newser guarantee: we can take any report or column or video and pack what you need to know into 120 words or less. Newser's short-form aggregation, visual format, and unique information tools help you get more of the kind of news you want, in a quicker and more entertaining way. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »