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He's doing a great job. For the US state department. The NY Times reports that US secretary of state Condoleezza Rice has been busy pounding the phones over the past weeks in support of her pal Paul. "She has spoken with several European foreign ministers about her positive impressions of Paul and the job he's doing at the World Bank," said Sean McCormack, state department spokesman. Fortunate for Paul that there isn't much else going on in the world at the moment - say in the Middle East - to distract the secretary of state from the more important business of defending Bush cronies. Jeff Powell ~ May 10, 2007 ~ Link
Odds shorten on Paul Wolfowitz leaving.
A Village Voice piece has some nice praise for us and an update on the web trading on whether Wolfowitz will resign. Staff at the World Bank - who excel at presenting numbers - will enjoy the chart below showing how Wolfowitz's stock has fallen in recent days. The numbers will concern the White House and US Treasury, however, who have clearly missed their best negotiating opportunity - their man is not just on the slide, he's on his back.
more... Alex Wilks ~ May 10, 2007 ~ Link
New doubts about Wolfowitz corruption strategy.
Jeff posted a wry piece yesterday on Congo supporting the World Bank's anti-corruption drive. The Financial Times has a story about the other Congo (Democratic Republic of), which casts doubts on Wolfowitz's anti-corruption strategy at the Bank.
more... Alex Wilks ~ May 10, 2007 ~ Link
The Nail in the Coffin?
Ok, I think with the latest leak, this time from the Pentagon, Wolfowitz and Riza are down for the count. The FT is reporting that Wolfowitz told Pentagon investigators that he obtained the help of a World Bank staffer with whom he "had a close personal relationship" in "activity supporting the war".
more... Sameer Dossani ~ May 10, 2007 ~ Link ~ Comments (10)
Wolfowitz has till Friday to respond
The Board has extended the response period from 72 hours to 5 days quotes the Voice of America News.
more... The Beaver ~ May 10, 2007 ~ Link Democrats Weigh In Senate Majority Leader Harry Reid is among those democrats who sent a strongly worded letter to President Bush demanding that he do something to resolve the crisis. Their preferred solution would be one that "preserves the important and historical role of the United States in selecting the president of the bank." Sameer Dossani ~ May 10, 2007 ~ Link
Germany and Paris.
German Development Minister Heidemarie Wieczorek-Zeul has come out and said it: Wolfowitz should resign. But let's not dare upset our friends on Pennsylvania Avenue.
more... Shannon Lawrence ~ May 09, 2007 ~ Link
Did Robin Cleveland pull a Dick Cheney?
[Note: pics added] So today at 12pm a number of activists again gathered outside the World Bank to thank Paul Wolfowitz for showing us all what the World Bank is really good for. At 1pm, we were joined by the folks at avaaz.org, who attempted to deliver their sack Paul Wolfowitz petition. One noteworthy rumour that was passed along there concerned Robin Cleveland.
more... Sameer Dossani ~ May 09, 2007 ~ Link ~ Comments (11)
Delay requested: some tips for Wolfowitz's lawyer.
Treasury Secretary Henry Paulson Jr. seems to have endorsed the request by Paul Wolfowitz, the World Bank president, for more time to defend himself against charges of misconduct, seeking a delay that could also give the Bush administration time to negotiate his voluntary resignation. This according to the International Herald Tribune. Alex Wilks ~ May 09, 2007 ~ Link ~ Comments (6)
Congo approves $15 million for governance capacity building in World Bank.
BRAZZAVILLE, May 9, 2007 – President Denis Sassou Nguesso today provided US$15 million in grant financing for a Transparency and Governance Capacity Building Project for the World Bank.
more... Jeff Powell ~ May 09, 2007 ~ Link
Leaks and counter-leaks: more on report findings.
Greg Hitt and Neil King Jr. have several interesting insights into the still secret board committee report on the Wolfowitz case. Writing in the Wall Street Journal, they summarise their understanding of the committee's findings and look ahead to the conclusions of this sorry saga.
more... Alex Wilks ~ May 09, 2007 ~ Link
Potential successors lining up.
Although various journalists and commentators are tipping long-shots such Malloch Brown and Clinton (Hilary that is) a smaller list of genuine potential candidates seems to be emerging.
more... Alex Wilks ~ May 09, 2007 ~ Link ~ Comments (7)
Wall Street Journal Goes off the Deep End on Malloch Brown. (Update).
In this startlingly alarmist Wall Street Journal opinion piece, the editors argue that Mark Malloch Brown, former UN number two, has been pulling the strings of the Wolfowitz saga in order to get himself appointed to the post!
more... Sameer Dossani ~ May 09, 2007 ~ Link
On the Hill.
As time runs out for Wolfowitz, key World Bank overseers in the U.S. Congress are weighing in. Representative Barney Frank (D-MA), who chairs the House Financial Services Committee, says he’d be much happier to sign a U.S. check to a Wolfowitz-free World Bank.
more... Shannon Lawrence ~ May 09, 2007 ~ Link
(Update 2). While Wolfowitz, Folsom and Cleveland hunkered down
an eerie calm fell over the Bank on Tuesday. The Board and the Governors were reading the ad hoc committee's report (300 pages, if you believe the New York Times, 600 with transcripts, according to Paul Wolfowitz's newly subdued spokesman, Bob Bennett). Staff went about their work, meetings took place, partnerships were discussed and rumours were traded. People laughed about the only resignation announced on Reuters just as it was being handed over to Kevin's boss.
more... Deep Insider ~ May 09, 2007 ~ Link
Wolfowitz nailed for role in Riza Iraq job.
Channel 4 News (UK) has learnt that Wolfowitz used his influence to get Riza the SAIC work. Channel 4 reveals a previously unknown document quietly published by the Pentagon relating to Shaha Riza's contract with SAIC in 2003.
more... The Beaver ~ May 09, 2007 ~ Link
Wolfowitz's Girlfriend Resigns as his Girlfriend.
Political humorist Andy Borowitz lightens things up with a satirical piece on Paul Wolfowitz's misadventures as President of the World Bank. Maybe this one will make it into Le Monde as well...
more... The BIC blogger ~ May 08, 2007 ~ Link White house maintains support But just barely. The defense of Wolfowitz was rather lukewarm from Tony Snow today as this Reuters report makes clear. Looks like we're in the bargaining/bluffing stages. I'll match your cronyism and raise you one "gentleman's agreement" system. Sameer Dossani ~ May 08, 2007 ~ Link Post Wolfie Options This FP blog entry quotes an anonymous Bank source as providing two options for the near future. Option 1: Wolfie is forced out and the process reforms; Option 2: Wolfie resigns and the U.S. puts up a good compromise candidate (Zoellick and Kimmitt are the proposals). If those are the choices I'm hoping for option 1. Sameer Dossani ~ May 08, 2007 ~ Link
We have a problem with the President, not the procedure
Problematic statement from Dutch Finance Minister Wouter Bos. Up to now the appointment procedure seems to have worked,'' Bos added. ``We have a problem with the president, not the procedure.''
more... Sameer Dossani ~ May 08, 2007 ~ Link « Previous Page |
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