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Psst! Is Powell Bound for the World Bank? [View All]

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kskiska Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-26-04 10:14 PM
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Psst! Is Powell Bound for the World Bank?
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WASHINGTON, April 26 - Forget the official pronouncements that Secretary of State Colin L. Powell is staying put at the State Department.

The buzz in the capital is at least a couple of steps beyond that, as people in business and finance circles here are speculating that he could become the next president of the World Bank, the largest and most influential development agency in the world.

The whispers only grew louder the other night after Mr. Powell dined with James D. Wolfensohn, the current bank head, at his home in the Kalorama section of Washington.

Over Arctic char, Mr. Powell joined Mr. Wolfensohn and a handful of other guests, including Alan Greenspan, the Federal Reserve chairman, to toast Horst Khler, the former head of the International Monetary Fund who resigned last month to run for president of Germany.

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http://nytimes.com/2004/04/27/business/worldbusiness/27...
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