Word: zoellick
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...careful what you wish for. Bob Zoellick, 53, President's Bush's new choice to be the World Bank president, has been waiting for more than 20 years to take charge of a large Washington agency...
...Zoellick's dream is about to come true - and then some. He is set to be named this morning as the new president of the World Bank, an institution that wrestles with poverty and corruption overseas in its mission to help the underdeveloped world. As president, Zoellick will also have to contend with unending international politics about how to spend its multibillion-dollar budget...
...Zoellick was hardly the safe choice to replace Paul Wolfowitz, who is leaving at the end of June after running afoul of the Bank's conflict-of-interest rules. Zoellick may be seen by some as too closely identified with the Bush Administration, having served in it from its start through summer of 2006. Less controversial alternatives were available, such as Commerce Secretary Carlos Guiterrez and Deputy Treasury Secretary Robert Kimmitt, who would probably have been acceptable to most of the European and Asian countries who get an informal chop on the choice. But Zoellick was more qualified than either...
...Once described as having 20 IQ points on everyone else in Washington, Zoellick is widely regarded as brilliant, extremely hard-working, frequently difficult to work with and keenly interested in politics. He started in the Reagan era as a prot?g? of Jim Baker's at the Treasury Department and followed Baker to the State Department during the presidency of George Herbert Walker Bush. During those four years, Zoellick was a behind-the-scenes architect for the reunification of Germany, the expansion of NATO and many of the complex negotiations that attended the end of the Cold...
...search for Paul D. Wolfowitz’s successor as president of the World Bank, Harvard graduates are taking center stage. At least four people with Harvard ties—Robert B. Zoellick, R. Glenn Hubbard, Ngozi Okonjo-Iweala ’77, and Baker Professor of Economics Martin S. Feldstein ’61—have garnered media speculation as candidates for the post, and Secretary of the Treasury Henry M. Paulson Jr., a graduate of the Business School, is heading up the search process. Wolfowitz announced he would resign earlier this month after a protracted scandal...