Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

No-Confidence Vote Looms For Wolfowitz

Endgame near as majority of bank board favors dismissal

By Max Brallier,  Newser User

Posted May 12, 2007 8:00 AM CDT

(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.

'
'   (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 told a bank panel he had acted in good faith in securing a promotion and pay...
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...
FILES - Picture taken 13 April 2007 in Washington, DC, shows...   (Getty Images)
'
'   (Associated Press)
« Prev« Prev | Next »Next » Slideshow
To report an error on this story, notify our editors.
A snapshot of the day's best news stories.
 
COMMENTS
Be the first to comment on this story.

More Newser Stories

Obama Adviser Van Jones Resigns Amid Controversy

Ensign: I Won't Quit, and I'll Run Again

Did Looming Building Scandal Spur Palin to Quit?

Meet Blago's Political Hero

Amid Scandal, IMF Exec Wins Praise for Nimble Work


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne