President Bush has nominated Deputy Defense Secretary Paul Wolfowitz to head the World Bank. This came as a surprise to many, but is it a bad nomination? Wolfowitz has solid experience in developing nations, but he is tainted by criticism of his involvement in the war in Iraq. Sebastian Mallaby, columnist with the Washington Post and author of The World's Banker: A Story of Failed States, Financial Crises, and the Wealth and Poverty of Nations (Penguin Press), joins Guest Host Jon Beaupre to talk about the politics of Wolfowitz’ nomination, the World Bank, and what he might do with the new position, if confirmed to succeed current president, James Wolfensohn.
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