Wolfowitz to resign
Finally. Wolfowitz is out. He'll stick around through June, and then he's gone. Yesterday, he was trying to work it in such a way that he would resign if the board announced they had cleared him of wrong doing. Didn't quite work out that way. Here's what the bank did agree to say, though:
He assured us that he acted ethically and in good faith in what he believed were the best interests of the institution and we accept that.
That's pretty brutal.
The names I've seen floated for his replacement are depressing at best. I think Paul O'Neill - Bush's first treasury secretary - should be appointed head of the World Bank. He'd be great. He went to Africa with Bono. And other things that would qualify him for the position.
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