Wolfowitz GONE!!!

[Louis C. Phurye]

http://www.cnn.com/2007/POLITICS/05/17/world.bank.wolfowitz/index.html

WASHINGTON (CNN) -- Embattled World Bank President Paul Wolfowitz agreed to resign Thursday after weeks of controversy over his handling of a pay package for his girlfriend, a bank employee, the institution's board of directors announced Thursday.

In a statement announcing the decision, the bank said "a number of mistakes were made by a number of individuals" in the matter. (World Bank's statement)

Wolfowitz said the bank board accepted his contention that he acted "ethically and in good faith."

In a statement from Wolfowitz, he said it is "necessary to find a way to move forward. To do that, I have concluded that it is in the best interests of those whom this institution serves for that mission to be carried forward under new leadership." (Wolfowitz's resignation statement)

"Change should not be feared, it is something to welcome. It is the key to keeping this important institution relevant and effective in the future and meeting the needs of the world's poor, and of humanity as a whole," the statement said.

Wolfowitz was appointed to the World Bank post in 2005 after serving as deputy U.S. defense secretary, where he was one of the leading architects of the 2003 invasion of Iraq. His resignation will take effect June 30.


:woohoo:

[wake.up.america]

1. He leaves although he acted "ethically and in good faith" ...

If he had done so, there would be no reason to leave.

Now. I am confused about intentions in relationship to acting ethically.

[Vanje]

2. ' mistakes were made"'

apparently

[KharmaTrain]

3. It's The World Bank's Way Of Saying...

...don't go away mad...just go away.

They have a poodle waiting for the job.

[Kagemusha]

4. As I said elsewhere, that's just saying... he was just really, really stupid.

If he acted in good faith and did something this ridiculously bad, he's just being really, really dumb.

[mike_c]

5. piss on wolfie and his thoughts on the relevance and effectiveness...

...of the WB or anything else. Piss off and eat shit, Wolfowitz.

[physioex]

7. Well he is just part of the equation....

Don't forget Feith, Kristol, and Perele.

[physioex]

6. Falwell......

Now Wolfie. All and all a good week..... :smoke:

[Louis C. Phurye]

8. And Gonzo in the pipe.

ahhh yes, not to bad.

[Blue Belle]

9. If he was acting ethically and in good faith...

why would he need a "deal" to get his considerable ass out of there? I wonder what his ethical signing bonus was in order for him to respectfully resign?