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New How Wolfowitz has hanged on so long
[link|http://www.iht.com/articles/2007/05/08/america/08wolfowitz.php|International Herald Tribune]
eading governments of Europe, mounting a new campaign to push Paul Wolfowitz from his job as World Bank president, signaled Monday that they were willing to let the United States choose the bank's next chief, but only if Wolfowitz stepped down soon, European officials said.

European officials had previously indicated that they wanted to end the tradition of the United States picking the World Bank leader. But now the officials are hoping to enlist American help in persuading Wolfowitz to resign voluntarily, rather than be rebuked or ousted.

Ah, so that is why he has managed to hang on so long. Not only did the Europeans want him out, they wanted to pick the next president, removing the US perk.

One way or another, Wolfowitz has to go. If he doesn't the banks already damaged credibility will be shot.

Jay
New We do?!
Europe has the perk of appointing the IMF president in return and so far, any reports I've seen about this have always raised this in questioning why the US simply doesn't appoint someone else. I haven't seen/heard anyone in a position of influence call for that type of change.

Not that it matters beyond political bickering between the US and Europe as either organisation's prime interest is the wellbeing of the sponsors.
New Give Bush credit
at least he didn't screw up so badly as to lose that "perk" for the next President.
New Yet!
A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort. (Herm Albright)
New Recommended by IWE's Very Own in-house Ad-mongers:
-Just Now -

[link|http://www.greenwood.com/catalog/C9587.aspx|http://www.greenwood...atalog/C9587.aspx]

Paul D. Wolfowitz Visionary Intellectual, Policymaker, and Strategist


     How Wolfowitz has hanged on so long - (JayMehaffey) - (4)
         We do?! - (scoenye)
         Give Bush credit - (Simon_Jester) - (1)
             Yet! -NT - (jbrabeck)
         Recommended by IWE's Very Own in-house Ad-mongers: - (Ashton)

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