Breaking: Wolfowitz out?

This just in, from the Associated Press:  WASHINGTON — Embattled World Bank President Paul Wolfowitz is negotiating an agreement to resign, according to an official familiar with the talks.   His departure would include an acknowledgment from the bank that he doesn't bear sole responsibility for the controversy surrounding a generous pay package for his ...

This just in, from the Associated Press

This just in, from the Associated Press

WASHINGTON — Embattled World Bank President Paul Wolfowitz is negotiating an agreement to resign, according to an official familiar with the talks.

 

His departure would include an acknowledgment from the bank that he doesn't bear sole responsibility for the controversy surrounding a generous pay package for his girlfriend, the official said.

Of course, it would have been a heck of a lot smarter for Wolfowitz to cut this deal before the ad hoc committee decided he broke ethics rules.

UPDATE:  Wolfowitz's lawyer now saying, "Mr. Wolfowitz will not resign under this cloud and he will rather put this matter to a full vote."

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