World Bank Weighs Wolfowitz's Fate
With all the corporate and governmental corruption that has been exposed inthe past few years, (and the jail sentences being served) you would think the"corporate elite" would finally get it. IT being"you're going to get caught"!
Is there a level for these people that once reached, they get retrofittedwith a "larger set" and a lobotomy? Because what they do takes both bigones and stupidity.
Paul Wolfowitz is the latest greedy jackass.
— With his jobon the line and executive directors of the World Bank seeming troubled by acontroversy involving his romantic partner, World Bank President Paul Wolfowitzfought to keep his job Friday. In ,and statements, World Bank President Paul Wolfowitz apologized Thursdayfor his role in helping his girlfriend Shaha Ali Riza secure a lucrative job atthe State Department, for which she is said to be paid even more than Secretaryof State Condoleezza Rice.
"I made a mistake, for which I am sorry,"said the controversial Wolfowitz, a former deputy Secretary of Defense who wasone of the main architect's of the current war in Iraq. "In hindsight, Iwish I had trusted my original instincts and kept myself out of thenegotiations."
In hindsight? What he did was so fundamentally wrong, it was a no-brainer(stupidity), to actually do it took balls (large set).
World Bank Weighs Wolfowitz's Fate
The timing of Wolfowitz's announcement was not coincidental. World Bankdelegates are convening in Washington, D.C., this weekend for annual meetings.The World Bank board met Thursday to discuss Wolfowitz's fate, though itadjourned without reaching a decision.
The 24 executive directors of the World Bank issued a statement in theirreview of the controversy — Wolfowitz's girlfriend was promoted and receivedmassive pay hikes after he took over in 2005. They "found that the EthicsCommittee, including its chairman, had not been involved in the discussions withthe concerned staff member. Neither did it find that the terms and conditions ofthe agreement had been commented on, reviewed or approved by the EthicsCommittee, its chairman or the board."
Obviously the 24 directors haven't "reached the level" yet.
There's been some good stories about Wolfowitz on NPR lately.
It is an amazing hypocrisy. Wolfowitz, who is trying to change the World Bank's mandate from fighting poverty to fighting corruption, is perpetrating a form of corruption himself in the halls of the World Bank.
Posted by: | 2007.04.14 at 12:29 PM
exactly VooDooAddict, and its funny how all these bums that get 'caught" play dumb.
Posted by: Tony | 2007.04.14 at 12:40 PM