Paul Wolfowitz staying with World Bank...

Contrary to what some had believed, World Bank President Paul Wolfowitz is saying he is not going to step down. His recent action of giving a huge pay increase for a close female friend created even more concern by members on the board of the World Bank. According to AP News:

In answering questions from reporters about whether he should resign, Wolfowitz referred several times to the committee's communique and said he did not want any comments he made to get in the way of the board's work.

"I believe in the mission of this organization, I intend to carry it out, I have had many expressions of support," he said.

Several times he was asked how he could continue as head of the 185-nation lending organization leading the fight against corruption after acknowledging a direct role in the pay increase, Wolfowitz referred to the communique.