Robert Zoellick to
head World Bank after Paul Wolfowitz
President Bush named Robert Zoellick as the
new head to the World Bank, replacing Wolfowitz after June 30th.
Wolfowitz decided to resign from the post of president of the
World Bank, after the scandal with his girlfriend, the online
Bodog Sports came out with odds
on the new director of the World Bank. Zoelick was the favorite,
along with Stanley Fischer, with odds to get the job of only
3/1. Underdogs in the race were Henry Paulson with odds
11/2 and Paul Volcker with 7/1.
The odds on whether the new World Bank leader
will be U.S. citizen were even. Bono had odds of employment at
the World Bank of 50/1.
Robert Zoellick's nomination must be approved
by the World Bank board of executive directors.
Congratulations to all the winners.