ATTITUDE CHECK?!

See the H.B. Credits pages.
WARNING: We make every effort to be Un-Fair AND/OR Un-Balanced with our Comments in this Blog!

Site hosted by Angelfire.com: Build your free website today!
« April 2007 »
S M T W T F S
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30
Entries by Topic
All topics  «
The Weekly Roomer: Current Events II
Sunday, 15 April 2007
Make Charles Grassley head of The World Bank. Give him a thrill at the end of his career and let Iowa elect new blood!
Web site revived to speculate on World Bank chief

By Sumeet Desai Sat Apr 14, 7:35 PM ET

WASHINGTON (Reuters) -
World Bank President Paul Wolfowitz has so far offered no indication he may resign but Internet chatter is already speculating over a possible successor to the former Bush administration official.

Web site www.worldbankpresident.org first came to prominence in 2005 airing speculation over who would replace former World Bank chief James Wolfensohn, making available to all the backroom gossip around the capital.

The Web site was revived this week as the scandal over Wolfowitz's pay rise and promotion for his girlfriend escalated and many commentators predicted it was only a matter of time before he would be forced to quit his post.

Web-site contributors are touting South African Finance Minister Trevor Manuel and Nigeria's former finance minister, Ngozi Okonjo-Iweala, as possible successors to Wolfowitz.

Either of those would break the unwritten tradition that the head of the World Bank is an American, just as the boss of the
International Monetary Fund is always a European.

But Wolfowitz, one of the chief architects of the U.S.-led invasion of
Iraq, was a controversial choice even before the current scandal broke of his approval of a whopping pay rise and big promotion for his girlfriend -- a World Bank staffer.

"If they're smart, they'll cut the loss, give up on putting one of their own into the president's seat this time around, but preserve the prerogative for choosing the person who sits there," wrote one blogger on the Web site.

"They could get enormous credit for choosing a non-American, and someone from the global south at that, to head the World Bank."

Wolfowitz's fate is still being decided by the World Bank's board but some European countries appear to have the knives out.

"This whole business has damaged the bank and should not have happened," Britain's development minister, Hilary Benn, said shortly after arriving in Washington.

His German counterpart, Heidemarie Wieczorek-Zeul, told Reuters that Wolfowitz had to decide whether he still commanded the credibility to run the World Bank.

Posted by hotelbravo.org at 12:49 AM CDT
Post Comment | Permalink | Share This Post

View Latest Entries