I don’t have time right now to give the World Bank’s Wolfowitz
report the attention it deserves: I’m off to midtown, where lots of the
world’s mayors are congregating for the Large
Cities Climate Summit. In any case, worldbankpresident.org
should fulfill all your Wolfowitz needs for the time being. Suffice to say that
despite the damning nature of the report, Wolfowitz and the Bush administration
aren’t giving up, and I
was wrong about Hank Paulson: Steven Weisman reports
that
Treasury Secretary Henry M. Paulson Jr. was on the telephone during the day
with counterparts in at least half a dozen countries to tell them that “these
facts do not rise to the level of warranting dismissal,” according to
a senior Treasury official.
There seems no way now that this whole thing isn’t going to become very ugly.
The worst possible outcome, really, for the Bank – unless it somehow results
in a new president from a developing nation.