Wolfowitz support wanes as World Bank meets on his fate

WASHINGTON, May 16, 2007 (AFP) - World Bank directors were meeting today to discuss the fate of president Paul Wolfowitz amid reports a compromise deal had been reached to pave the way for his resignation over a damaging favoritism scandal... ABC News reported, citing bank officials, that Wolfowitz was near an agreement to resign, perhaps as early as Wednesday, in a face-saving compromise deal. See comments for full story

ABC News - Wolfowitz to Resign This Afternoon?

May 16 2007-World Bank officials say the bank's board is completing an "exit strategy" that will allow World Bank President Paul Wolfowitz to resign this afternoon and "still save some face"... The decision is likely today, officials say, because Wolfowitz had been scheduled to leave tonight for a European trip.