Archive - May 16, 2007

Headlines (6:20)
Wolfowitz Under Fire
The Bush administration and World Bank directors are negotiating President Paul Wolfowitz's departure from the world's biggest aid agency, said two bank officials. Eli Whitney Debevoise II, who represents the U.S. on the bank's board, is discussing terms for the resignation with a panel of directors that admonished Wolfowitz for his role in a pay raise for his partner, said one of the officials, who spoke on condition of anonymity. ABC News reported that Wolfowitz may leave today.

FRENCH PRESIDENT SARKOZY INAUGURATED