Wolfowitz Apologizes, His Job in Jeopardy
Here are Paul Wolfowitz' remarks at the World Bank Forum yesterday. He eats some crow and admits making a mistake in pushing the promotion and giving of a huge pay raise to his girlfriend.
In hindsight, I wish I had trusted my original instincts and kept myself out of the negotiations. I made a mistake for which I am sorry.
But let me also ask for some understanding. Not only was this a painful personal dilemma, but I had to deal with it when I was new to this institution, and I was trying to navigate in uncharted waters. The situation was unprecedented and exceptional. This was an involuntary reassignment, and I believed there was a legal risk to the institution if it was not solved by mutual agreement. I take full responsibility for the details of the agreement, and I did not attempt to hide my actions or to make anyone else responsible.
He may be fired, forced to resign or just severely rebuked.
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Then, there's the hypocrisy of it all:
World Bank embarrassment over the disclosures was compounded because Mr Wolfowitz has been criticised by campaigners after pushing good governance and anti-corruption efforts in poor nations to the top of the agenda of the world’s most important development institution.
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