Negotiations can lead to a mixed picture, as two nearly simultaneous stories illustrate in the case of Paul Wolfowitz and his resignation from World Bank.  Or not…

Reuters quotes Wolfowitz’s attorney as saying that Paul Wolfowitz is not going to resign as head of World Bank and would rather stay to clear his name.

According to AP, Paul Wolfowitz is negotiating a deal to resign, if the World Bank will accept some responsibility.

Sometimes, the press coverage creates a story.  If the member nations of World Bank are dissatisfied, as has been reported, how much question is there about the outcome?  There is a lot of posturing at this point, perhaps because an agreement has not been reached.  That said, it looks like:

Paul Wolfowitz will resign or be fired.

Wolfowitz will receive a severance package.

World Bank may accept some responsibility for the situation.

Is this what should happen?  What do you think is going to happen?  Another important question is whether and what steps will be taken to prevent similar issues from arising in the future.   

 

Filed by Coleen Davis at 6:11 pm under Business Acumen, Current Events, Negotiations, Solving Problems