Former World Bank execs: Resign, Wolfie
The hits just keep coming for Paul Wolfowitz, the beleaguered head of the World Bank. In a letter published in the Financial Times today, 42 former World Bank executives advise Wolfowitz to resign, for the good of the bank. From the letter:
He has lost the trust and respect of bank staff at all levels, provoked a rift among senior managers, developed tense relations with the board, damaged his own credibility on good governance -- his flagship issue -- and alienated some key shareholders at a time when their support is essential for a successful replenishment of the resources needed to help the poorest countries, especially in Africa.
And Wolfowitz has lawyered up, just in case. As a precaution only. With none other than Robert Bennett - President Clinton's lawyer for the Paula Jones case. It's getting serious now.
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