Wednesday, May 16, 2007

Wolfie on the way out...

Looks like Paul Wolfowitz is finally on the way out. The leadership crisis at the World Bank has dragged on for too long. It has hurt both the reputation of Wolfowitz and the Bank.

I thought that Bob Bennetts strategy of accusing the Board of "smear tactics" was a big mistake. These people have big egos and to not like the idea of public criticism. Anyway, the net result was that Board members dug in and were determined to remove Wolfowitz.