Word: wolfowitzes
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Dates: during 2000-2009
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With Paul Wolfowitz under rising pressure to resign as head of the World Bank, a new Washington parlor game has emerged: Who's the next top banker? Some names: former Afghan Finance Minister Ashraf Ghani, top right, who would be the first-ever non-U.S. bank chief; Bank of Israel governor Stanley Fischer (a U.S. citizen), middle; and former U.S. Trade Rep Robert Zoellick. One candidate from 2005, when Wolfowitz got the job, who hasn't gotten much traction this go-round: ex--HP CEO Carly Fiorina...
Donald Rumsfeld is gone. His war deputy, Paul Wolfowitz, also left the Pentagon and is fighting for his professional life as president of the World Bank. The Pentagon's former No. 3 civilian, policy chief Doug Feith, is at Georgetown University. He and a fellow faculty member, ex-CIA boss George Tenet, are busy lobbing charges over who is responsible for Iraq's deterioration. At the White House, two top aides responsible for Iraq policy are leaving their posts...
...Wolfowitz's allies say he is the victim of backlash from entrenched bank staff upset that he is turning up the heat on an anticorruption campaign begun by his predecessor, James Wolfensohn. That's probably overstating things. But the potential backlash against slashing the bank's staff and getting it out of lending would surely be epic. Which may explain why no World Bank president, Wolfowitz included, has attempted...
World Bank president Paul Wolfowitz amassed a legion of enemies as the militant muse behind the Iraq invasion. They pursued him as he migrated from the Pentagon to the World Bank, promising a war on poverty and corruption. So evidence that he arranged his girlfriend's $60,000 raise invited critics to pounce: How can we fight cronyism abroad if we practice it at home? Some opponents suggested that whatever the facts of the case, the very fact of the scandal made it impossible for him to remain effective...
...Wolfowitz, of course, those critics never wanted him to be effective in the first place, since they shared neither his principles nor his priorities. He won't be forced out, he told the bank panel investigating the case, but clear him of these bogus charges, and then he will consider whether to go quietly...