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Zoellick okayed as next World Bank chief (AP)

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Eugene Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-25-07 12:15 PM
Original message
Zoellick okayed as next World Bank chief (AP)
Edited on Mon Jun-25-07 12:15 PM by Eugene
Source: Associated Press

Zoellick okayed as next World Bank chief

By JEANNINE AVERSA, AP Economics Writer
12 minutes ago

WASHINGTON - Robert Zoellick, a seasoned player in international
circles, won the unanimous approval of the World Bank's board on
Monday to become the poverty-fighting institution's next president.

Zoellick will succeed Paul Wolfowitz, whose last day is Saturday,
ending a stormy two-year tenure. The new president will take the
reins Sunday, the first day of a five-year term.

Wolfowitz courted controversy from the start because of his role
in the Iraq war when he was deputy defense secretary. However,
it was his role in arranging a hefty pay raise for Shaha Riza, his
girlfriend and bank employee, that forced his upcoming departure.
That prompted a staff revolt and calls by Europeans and others
for Wolfowitz to resign.

President Bush turned to Zoellick — his former top trade envoy
and No. 2 diplomat_ to the heal wounds and mend the relationships
strained by the Wolfowitz episode.

-snip-

Read more: http://news.yahoo.com/s/ap/20070625/ap_on_bi_ge/world_bank_9
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soothsayer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-25-07 12:54 PM
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1. Anything like Woody Allen's Zelig?
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ClassWarfare2008 Donating Member (378 posts) Send PM | Profile | Ignore Mon Jun-25-07 03:39 PM
Response to Original message
2. Hire one treasonous PNAC scumbag to replace another.
Why am I not surprised?
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