Sunday, April 15, 2007

The Wacky World of Wolfy

Richard Cohen: Wolfowitz: Mission Accomplished?
"As Paul Wolfowitz is proving, it turns out all is not fair in love and war. Only war. Take a nation to war for spurious reasons and no one much complains. But arrange a raise for your girlfriend, and you get booed in the atrium of the World Bank and have to visibly sweat in public."
The Huffington Post: Paul Wolfowitz's "Hours" May be Numbered at World Bank:
"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)...."
Wolfowitz Dictated Girlfriend's Pay Deal
"World Bank President Paul D. Wolfowitz personally dictated the terms under which the bank gave what it called his "domestic partner" substantial pay raises and promotions in exchange for temporarily leaving her job there during his tenure, according to documents released by the bank's executive board yesterday.

The board issued a statement saying it will "move expeditiously to reach a conclusion on possible actions to take," amid rising speculation over whether the embattled Wolfowitz will resign or be asked to step down...."
FIN24 : Empowering Financial Decisions:
"The World Bank early Friday released more than 100 pages of documents that exposed the pivotal role played by its president, Paul Wolfowitz, in awarding startling pay hikes to his girlfriend...."
FT.com - World Bank under fire over Aids policy:
"Staff contacted by the Financial Times said officials were ordered last month by Juan Jose Daboub, the bank's managing director, to remove all references to family planning from a proposal to fund efforts to combat the disease and fight poverty in Madagascar...."
Wolfowitz Clashed Repeatedly With World Bank Staff
"As he prepared to sign a five-year contract as World Bank president in the spring of 2005, Paul Wolfowitz sent his personal lawyer, Robert Barnett, to negotiate the terms. Barnett, whose high-profile clients have included some of Washington's biggest political and media figures, did not mince words in his meetings with the bank's legal team.

Wolfowitz wanted more than a dozen amendments to the standard contract that had served the institution for decades, Barnett told them, including special dispensation for the books he would write and the paid speeches he planned to deliver, and a salary on par with that of the managing director of the International Monetary Fund, who was traditionally more highly paid."
Woman in World Bank Controversy Working on Mideast Project:
"The woman at the center of the storm surrounding World Bank President Paul D. Wolfowitz has spent the past few months trying to get one of the signature efforts of President Bush's Middle East democracy campaign off the ground.

The Foundation for the Future, as the effort is called, has made no grants and held only two board meetings since its creation 1 1/2 years ago. Though Shaha Riza, who has been romantically linked to Wolfowitz, is not listed as part of the staff on the organization's Web site, she is the only person working in the group's offices, located within the Henry L. Stimson Center, a think tank. The Washington office is listed as a 'branch,' according to the site, which promises that soon a main office will be established in Beirut...."
AFP.com | Wolfowitz in firing line as World Bank meets
"World Bank president Paul Wolfowitz, gravely damaged by a pay scandal, was clinging to his job heading into an annual meeting of the 185-member development lender Sunday...."
Wolfowitz Says Won't Resign; Bank Says Concerned
"World Bank President Paul D. Wolfowitz said yesterday that he intends to continue in his job despite the controversy over his role in arranging pay raises and promotions for his girlfriend, a bank employee forced by conflict-of-interest rules to take an outside job during his tenure...."
Photo Credit: Paul Wolfowitz. (The Washington Note Archives/via Huffington Post)

Cartoon Credit: Steve Bell Guardian Unlimited

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