Thursday, May 17, 2007
Breaking News: Wolfowitz to resign at the end of June
Date: Thu, 17 May 2007 17:29:43 -0500
WASHINGTON - Embattled World Bank President Paul Wolfowitz will resign
at the
end of June, his leadership undermined by the generous compensation he
arranged for his girlfriend. His departure, announced late Thursday by
the
World Bank board, was all but forced by the finding of a special bank
panel
that he violated conflict-of-interest rules in his handling of the 2005
pay
package of bank employee Shaha Riza.
