www.wolfowitzresign.com May 21, 2007

"Mission (Actually) Accomplished!" We are retiring. Good luck with the search for a successor.

Thursday, May 17, 2007

Who will be acting...?

"The Board will start the nomination process for a new President immediately" Board statement.

FT Wolfowitz bows to pressure and quits World Bank
Washington Post Wolfowitz Resigns From World Bank
New York Times Wolfowitz to Leave the World Bank
Globe and Mail Wolfowitz to resign from World Bank

Wolfowitz has resigned. It is official. His scheduled date of departure is June 30, 2007. The Board will begin discussing interim arrangements tomorrow morning.

The first order of business will be selection of an acting president. Most likely candidates are Graeme Wheeler, Managing Director, Vincenzo LaVia, Chief Financial Officer, or Lars Thunell head of IFC.

Board sources say Wolfowitz will begin his new role at Foundation for the Future on Monday. Apparently they are looking for a chief financial officer.

Obviously he will not be coming to the office. Word is he will be on administrative leave.

Plans for the dismissal of Robin Cleveland, Suzanne Rich Folsom, Juan Jose Daboub, Ana Palacio, and Karl Jackson are also being discussed.


marlene said...

What about the dismissal of Riza? How could the bank keep her on the payroll after all of this? How can she remain in this country after she has leeched that enormous salary at the expense of US taxpayers. Let the bank make a clean sweep of these slugs and the State Dept should do some real investigating of Riza and toss her out of the country

Anonymous said...

Most probably someone from IFC.

Anonymous said...

Resigned in June....I knew it.

All that show is to buy time, so that he can get his pension vested. And, a nice package too, I am sure!!

Going to Foundation for the Future? Geeeeeeees, all those tax dollar so these two greedy, shameless people can have a get-paid-a-lot-to-do-nothing job!

Yes, Riza shall go too!! Someone should look into how she got hired as well!
In fact, she should also be fired immediately, if nothing else, for working for SAIC while full-time employed by the Bank, a clear and serious violation of the Stuff Rule!

Anonymous said...

Riza is in a G-4 visa status. This status is inherently linked to her World Bank employment. This visa status prohibits compensation from employment outside of the World Bank. This situation is greater than a violation of the staff rules. This has to do with federal immigration law. Where does Bush stand on this illegal employment? This issue is not being discussed at the Bank.

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