The Knucklehead of the Day award
Today's winner is Paul Wolfowitz, who just resigned as head of the World Bank. Most likely you've all heard this story, Wolfowitz used his influence to get his girlfriend a pay and promotion package. He broke bank rules, and apparently thought nothing of it. Now he'll be leaving the World Bank in a month but not without a parting gift. Paul Wolfowitz is today's Knucklehead of the Day.
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World Bank President Paul Wolfowitz has resigned his post, effective June 30.
An internal panel tasked with investigating the lucrative pay and promotion package Wolfowitz arranged in 2005 for girlfriend Shaha Riza found him guilty of breaking bank rules.
Wolfowitz is the first World Bank president to ever leave the bank under a cloud of scandal.
Wolfowitz lost the fight to keep his job after months of controversy surrounding his involvement with securing his girlfriend a pay raise and promotion.
The controversy set off a media firestorm, with questions swirling about the current status of Wolfowitz's relationship with girlfirend Shaha Riza, and it's unclear whether they are still together.