www.wolfowitzresign.com May 21, 2007

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

Wednesday, April 25, 2007

Wolfowitz's Employment Contract

See here for a copy of Paul Wolfowitz's employment contract with the World Bank, which lays out his remuneration and also elaborates on the importance of adhering to the Bank's Code of Conduct.

Para 10 says this document, dated June 2, 2005, should be disclosed publicly. We thought we'd help that process along.

Please note paragraph 3 on Code of Conduct "You will be expected to observe the standards of ethical conduct applicable to staff members of the Bank, where these reflect a stricter standard.

Also note paragraph 7 on End of service "Although you have been appointed for a term of five years, the Executive Directors may terminate your contract with the Bank in accordance with Article V, Section 5(a) of the Articles of Agreement. It is expected that should you desire to resign, you will give the Bank reasonable advance notice of your desire to do so."

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