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Diamond
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Wolfowitz has 'hinted', apparently, that he'll quit the World Bank if charges against him are dropped; Wolfowitz hints he may be prepared to resign.

Should he be allowed to get away with that?
 
Posts: 7933 | Location: Canada | Registered: 06-03-02Reply With QuoteEdit or Delete MessageReport This Post
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Well, the article doesn't go into much detail, aside from stating that Mr. Wolfowitz issued a personal loan to his girlfriend, which is a conflict of interest. I wouldn't call his actions "criminal". They make break the bank's own rules, but not the law.
 
Posts: 362 | Location: USA | Registered: 11-05-02Reply With QuoteEdit or Delete MessageReport This Post
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Correction: it was a pay raise, not a loan.
 
Posts: 362 | Location: USA | Registered: 11-05-02Reply With QuoteEdit or Delete MessageReport This Post
Diamond
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There's more background in a New Yorker article here.

Wolfowitz ruffled a lot of feathers at the World Bank, which is maybe what a new boss is supposed to do, but the main problem here seems to be that he announced a big anti-corruption crusade, saying that money would not be lent to corrupt governments.

Not only was this not practical (most governments being corrupt), but he also seemed to be biased towards US friends in his judgement of what was 'corruption' or not.

And the big problem with the crusade is that, in making sure his girlfriend got extraordinary compensation, he indulged in just the kind of corruption he was supposed to be stamping out.

Saying he'll go quietly if the charges are dropped sounds like more "one law for the rich and powerful..." shenannigans.
 
Posts: 7933 | Location: Canada | Registered: 06-03-02Reply With QuoteEdit or Delete MessageReport This Post
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quote:
Originally posted by newnickname:

Wolfowitz ruffled a lot of feathers at the World Bank, which is maybe what a new boss is supposed to do, but the main problem here seems to be that he announced a big anti-corruption crusade, saying that money would not be lent to corrupt governments.


"Corrupt governments" - aren't the two synonymous? Do you honestly think that the U.S. is not among them?

quote:

Saying he'll go quietly if the charges are dropped sounds like more "one law for the rich and powerful..." shenannigans.


In America, we go by the Golden Rule: "Whoever has the Gold, makes the Rules."
 
Posts: 362 | Location: USA | Registered: 11-05-02Reply With QuoteEdit or Delete MessageReport This Post
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