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Wolfowitz Resigns

By Big Tent Democrat, Section Other Politics
Posted on Thu May 17, 2007 at 05:25:30 PM EST
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CNN reports. I'll look for a story with more details.

NYTimes says:

Breaking News 6:12 PM ET: Paul Wolfowitz to Resign as President of the World Bank as of June 30, Bank Official Says.

Update (TL): ABC News has more.

An internal panel tasked with investigating the lucrative pay and promotion package Wolfowitz arranged in 2005 for girlfriend Shaha Riza found him guilty of breaking bank rules.

The committee also found that he tried to hide the salary and promotion package from top ethics and legal officials within the bank. The report added that there is a "crisis in the leadership" at the World Bank. Wolfowitz is the first World Bank president to ever leave the bank under a cloud of scandal.

Wolfowitz is said to be angry and upset.

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    Wolfowitz Resigns | 10 comments (10 topical)

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    ...angry and upset... (5.00 / 1) (#2)
    by desertswine on Thu May 17, 2007 at 06:04:46 PM EST
    I think that that's his girfriend who is "angry and upset."

    There's going to be hell to pay when he gets home tonight!

    Better than jail. (5.00 / 2) (#3)
    by Edger on Thu May 17, 2007 at 06:08:33 PM EST
    Right, Wolfie?

    Chau, Wolfie... Hasta luego... Cuidate, suerte... (5.00 / 1) (#4)
    by profmarcus on Thu May 17, 2007 at 06:43:35 PM EST
    the tiresome, annoying, rude and boorish dinner party guest finally decides to call it a night - AFTER the 30th of june, that is...

    And, yes, I DO take it personally

    Don't Get Too Excited (5.00 / 1) (#10)
    by squeaky on Thu May 17, 2007 at 11:56:16 PM EST
    He may come back as a recess appointment, or military advisor.

    Libby gone. (none / 0) (#5)
    by Edger on Thu May 17, 2007 at 06:46:17 PM EST
    Wolfie gone.

    Gonzo gone (just doesn't seem to realize it).

    Domino effect? Who's next? Rove?

    I think he succeeded (none / 0) (#6)
    by Miss Devore on Thu May 17, 2007 at 08:10:36 PM EST
    in getting his way-on 4/30 rawstory reported he was due a 400k bonus if he stayed until June 1.

    And I bet he was due 29 days of paid vacation, too.

    Today's newspaper (don't remember which one) (none / 0) (#7)
    by oculus on Thu May 17, 2007 at 08:16:34 PM EST
    sd. he was negotiating a severance package and language that wouldn't make him look so bad.  

    awwwwwwwww, poor baby! (none / 0) (#9)
    by cpinva on Thu May 17, 2007 at 11:15:23 PM EST
    probably isn't going to get laid tonite. life stinks, yeah, yeah!

    but, i doubt he's walking away empty handed, got that big bonus and some other goodies, to ameliorate the pain.

    Anybody know if the girlfriend still has her job? (none / 0) (#11)
    by oculus on Fri May 18, 2007 at 12:18:28 AM EST


    He Gets the Bonus Anyway (none / 0) (#12)
    by squeaky on Fri May 18, 2007 at 10:24:12 PM EST
    Wolfowitz World Bank Resignation Effective June 30
    Wolfowitz To Get $400,000 "Performance Bonus" On June 1... Blair Floated As Possible Replacement

    link via HuffPo

    Wolfowitz Resigns | 10 comments (10 topical)

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