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Wolfowitz Hints at Resignation

By Peter Fearon, Newser Staff

Posted May 1, 2007 6:07 AM CDT

(Newser) – Besieged World Bank president Paul Wolfowitz suggested for the first time that he would resign his post—but only if he is first cleared of wrongdoing in ordering promotions and pay raises for his girlfriend Shaha Riza, reports the Wall Street Journal. A committee of... Read full story »

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Wall Street Journal (Source Grid »)

World Bank Crisis

Wolfowitz Goes on the Attack, but Hints at a Deal
New York Times

Wolfowitz Statement to Panel
Financial Times (UK)

investigation • World Bank • Paul Wolfowitz • Shaha Riza • business • scandal

More Newser Stories

Wolfowitz Reportedly Back on the Market

Ex-World Bank president has lost both job and girlfriend

(NEWSER) - 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 Resigns From World Bank

White House yields; speculation on successor already lively

(NEWSER) - 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»

Wolfowitz Headed Out the Door

World Bank board negotiating terms of president's exit

(NEWSER) - Paul Wolfowitz may step down from the World Bank as early as today, CNNMoney reports. Wolfowitz and the World Bank board are still wrangling over the terms of his departure, but early accounts suggest that the beleaguered president would leave voluntarily and the bank would admit some responsibility for the handling of a transfer and hefty raise awarded to Wolfowitz's girlfriend. More»

White House Support for Wolfowitz Crumbles

Bank will discuss his fate today

(NEWSER) - The White House is looking for an exit srategy for besieged World Bank President Paul Wolfowitz. After months of unwavering support that failed to soften the bank's European partners, the Bush administration has indicated a willingness to replace him if it can be done without firing, the Washington Post reports. More»

Wolfowitz Blames Ethics Panel and Riza for His Woes

Calls her 'intractable' and 'extremely angry'

(NEWSER) - Paul Wolfowitz fought back aggressively in a written response to the charges that he mishandled a raise and promotion for his girlfriend, the Washington Post reports. The embattled World Bank president claims the ethics committee forced him to handle the transfer himself because Shaha Riza was "extremely angry and upset," and so "intractable" that members feared a lawsuit. More»

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Wolfowitz Hints at Resignation

World Bank Crisis

investigation • World Bank • Paul Wolfowitz • Shaha Riza • business • scandal

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Wolfowitz Reportedly Back on the Market

Ex-World Bank president has lost both job and girlfriend

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Wolfowitz Headed Out the Door

World Bank board negotiating terms of president's exit

White House Support for Wolfowitz Crumbles

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Wolfowitz Blames Ethics Panel and Riza for His Woes

Calls her 'intractable' and 'extremely angry'

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