World Bank board negotiating Wolfowitz exit

[maddezmom]

Source: Reuters

WASHINGTON, May 16 (Reuters) - The World Bank's board is negotiating details of Paul Wolfowitz's exit as bank president, board sources said on Wednesday following pressure by European countries over his handling of a promotion for his companion.

"They have resumed the meeting and are finalizing a deal," one of the board sources told Reuters after an adjournment of a board meeting earlier at the request of the United States.

The board sources from developed and developing countries said details of a package, including financial compensation, were being discussed with Wolfowitz's lawyer.

Under a contract he signed in 2005 when became World Bank president, Wolfowitz would receive a year's salary, which would be around $375,000, if his service was terminated by the board or if he resigned.

Read more: http://www.alertnet.org/thenews/newsdesk/N16255083.htm

[rusty charly]

1. he's supposed to be gone already.

he was supposed to resign today.

wolfie: just go.

[Raven]

2. That severance payment is a disgrace and we should

hang it around George Bush's neck.

[C_U_L8R]

3. What's to negotiate?

Which butt cheek the door should impact on his way out ???

I can't believe he gets severence for being canned for cause.

[truthisfreedom]

4. If that's what it says, give him his dirty money and kick him out the door.

Don't dilly-dally!

[Eugene]

5. Wolfowitz will not resign from World Bank -lawyer

Source: Reuters

Wolfowitz will not resign from World Bank -lawyer
16 May 2007 21:51:47 GMT
Source: Reuters

WASHINGTON, May 16 (Reuters) - World Bank President Paul Wolfowitz
will not resign under the current "cloud" and would rather push the
matter to a vote of the bank's board to clear his name, his lawyer said
on Wednesday.

"Mr. Wolfowitz will not resign under this cloud and he will rather put this
matter to a full vote," Wolfowitz's lawyer, Robert Bennett, told Reuters.


Link: http://www.alertnet.org/thenews/newsdesk/WAT007509.htm

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Looks like they'll have to fire him. :popcorn:

[samsingh]

6. fire that piece of crap

[Generator]

7. Crime pays

How about $10 million and a "medal of freedom"? That's the ticket. Hey he can also write a book and blame somebody. That's always a winner. Of course these people are vampires since no mirrors are ever available.