Wolfowitz Throws in the Towel
May 17, 2007
07:02 PM ET |
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Just in: The World Bank has announced that Paul Wolfowitz has decided to resign as president of the organization.
Wolfowitz hung on to his job as head of the international lender for several weeks amid mounting criticism over his alleged favoritism toward his companion.
The accusations were particularly damaging because of Wolfowitz's emphasis on fighting corruption, the subject of an extended investigation by U.S.News & World Report in March 2006.
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