The Bank Is Open

Published



SO THERE IS LIFE in the Bush administration yet. And a bit of good sense. After allowing the 10,000-person staff of the World Bank to sink Paul Wolfowitz for reasons that had less to do with Wolfowitz’s girlfriend than with his support for the policy that led to the Iraq war and his attempt to clean up corruption on bank-funded projects, President Bush last week recovered his poise and resisted pressure to give up the 60-year-old prerogative of the American president to nominate the president of the World Bank.

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