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