World Bank Head Will Step Down, Hillary Could Replace
- Posted on February 15, 2012 at 12:00pm by
Becket Adams
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World Bank President Robert Zoellick speaks during a press conference at World Bank's office in Beijing, China, Sept. 5, 2011. (Alexander F. Yuan/AP Photo)
World Bank President Robert Zoellick informed the 187-nation lending organization’s board Wednesday that he will leave office June 30, the end of his five-year term.
This raises a question: who will replace him?
“I’m honored to have led such a world class institution with so many talented and exceptional people,” Zoellick said in a statement announcing his plans.
The board now begins a selection process to find a new leader, a process that is expected to be more open than in the past. Under an informal agreement dating to the bank’s founding nearly 68 years ago, its president has been an American.
“Speculation has been rife in recent months over who might take the job when Zoellick departs,” Reuters reports. “Possible U.S. candidates include Secretary of State Hillary Clinton and former White House economic adviser Larry Summers.”
“Hillary Clinton wants the job,” a source told Reuters.
If Clinton were to leave State, Sen. John Kerry, chairman of the Senate Foreign Relations Committee, is at the top of the list of those who would replace her.
And although Press Secretary Jay Carney denies that Clinton will get the nod from President Obama, the rumors persist.
It has also been rumored that Zoellick, a President George W. Bush appointee, may be a potential candidate for a senior position if a Republican candidate takes the White House in November.
Zoellick said he will stay focused on being bank president until June 30 and will continue to drive policies and programs at a heightened tempo. For example, later this month the bank said he will unveil a groundbreaking study on the future structure of China’s economic growth model, the Associated Press reports.
Under Zoellick’s leadership, the bank provided more than $247 billion to help developing countries boost growth and overcome poverty.
Zoellick said he was “pleased that when the world needed the bank to step up, our shareholders responded with expanded resources and support for key reforms that made us quicker, more effective and more open.”
He said the bank was now in a strong position and ready for new challenges “so it is a natural time for me to move on and support new leadership.”
The Associated Press contributed to this report.
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Comments (121)
SamIamTwo
Posted on February 15, 2012 at 1:16pmIt‘s a perfect world if you’re a liberal.
Report Post »@leftfighter
Posted on February 15, 2012 at 1:40pmPlease tell me what banking experience that hag has?
Report Post »RJJinGadsden
Posted on February 15, 2012 at 2:10pm@LEFTFIGHTER, She has always been good at using other people’s money…no, wait, wasn’t that the name of a Dany Divito movie?
Report Post »The_Jerk
Posted on February 15, 2012 at 2:50pmI would bet on Larry Summers, he’s Jewish, and just like at OMB where the Jewish Orszag was replaced with the Jewish Lew, who was replaced with the Jewish Zeints, the Jewish Zoellick will be replaced by Summers. And, it won‘t matter that Hillary’s daughter Chelsea is married to the Jewish investment banker Mezvinsky.
It’s the mob.
The_Jerk
Posted on February 15, 2012 at 3:07pmOh, silly me… did I forget to tell you that the Jewish Zoellick was the replacement for the Jewish Wolfowitz, who was the replacement for the Jewish Sir James David Wolfensohn?
You figure the odds on this. It’s the mob.
Report Post »Chuck Stein
Posted on February 15, 2012 at 4:18pm@ @leftfighter
Report Post »Look up “Madison Guaranty” — just do a web search with that and words like “Clinton” “McDougal” “Tucker” and “Whitewater” — it should give you some understanding of Hilary’s bank experience.
hidden_lion
Posted on February 15, 2012 at 4:56pmF-that…
Report Post »I am tired of this game, where is the reset button?
The_Jerk
Posted on February 15, 2012 at 5:36pmChuck, surely we can not forget Mochtar and James Riady.
http://articles.latimes.com/2001/jan/12/news/mn-11506
We should also remember Bernard Schwartz and Loral, and their betrayal of America.
http://www.washingtonpost.com/wp-srv/politics/special/missile/keystories.htm
The Chinese, our enemy, were aided by our recent Benedict Arnolds.
Report Post »jhaydeng
Posted on February 15, 2012 at 5:39pmHillary’s wet dream!
Report Post »Grey Eagle
Posted on February 15, 2012 at 9:44pmJohn Kerry in charge of the State Department? That pompous windbag? That would leave tweedledum and tweedledee in charge of the White House. Ho Ho!
Report Post »GeorgieJo
Posted on February 15, 2012 at 10:31pmJohn KERRY as Sec of State?
Report Post »ROFLLLLLLLLLLLLLLLLLLLLLLLLLLL
LogicalMetaphysician
Posted on February 15, 2012 at 1:15pmSo many opportunities for talentless, immoral, inexperienced Alinsky-Fabian Socialists.
Report Post »Itsjusttim
Posted on February 15, 2012 at 1:21pmTake over the world bank, and maybe move into their nice homes in Europe? Perhaps, down the street from where they built the statues of Bill Clinton or George Bush? Perhaps? While a money making Revolution blazes in the U.S….hmm…. maybe?
Report Post »Itsjusttim
Posted on February 15, 2012 at 1:23pmSee, because I think the U.S is going to fall into Chaos before Europe does.
Report Post »Itsjusttim
Posted on February 15, 2012 at 1:24pmAnd in the words of Joe Biden about Ukrainian women “You got some good looking women over here.”
Report Post »Itsjusttim
Posted on February 15, 2012 at 1:25pmWe got to have drones patrolling the U.S because when Americans wake up to an empty bank account one day, they are going to be quite P.O.
Report Post »Itsjusttim
Posted on February 15, 2012 at 1:32pmAnd of course this administration also wants to cut 80% of America’s nukes, probably they mean 100%, because when American’s wake-up to an empty bank account someday, they don‘t want American’s having all that nuke power.
Report Post »Itsjusttim
Posted on February 15, 2012 at 1:37pmAdditionally in the words of Joe Biden a couple years ago about Brussels ‘You guys should be the capital of the free world.’
Report Post »Jackie Rogers, Jr.
Posted on February 15, 2012 at 2:24pm@itsjusttim
Report Post »‘fess up now. Are you really Joe Biden?
GeorgieJo
Posted on February 15, 2012 at 10:42pmLOGIC–
You forgot Sillary ADORES Margaret SANGER.
OMG in 2012
Report Post »Mandors
Posted on February 15, 2012 at 1:15pmThis story would be a laugh riot, if it wasn’t so terrifying. Let’s see, we have one completely unqualified candidate proposed to replace the head of the World Bank, only to have her replaced by someone with the intellect of a fence post as Secretary of State. Kafka is laughing is butt off.
Report Post »Walkabout
Posted on February 15, 2012 at 5:15pmYes, but when the rioters from Athens look for some one who is responsible we can give them Hillary!
Bill will be happy, because whatever he does ill no longer be philandering.
Report Post »Tsam
Posted on February 15, 2012 at 1:15pmJohn Kerry as SOS??? NIGHTMARE!!
please Hillary, PLEASE REMAIN SOS even if it does mean often having to hold your nose re O‘s agenda and having to let a male take your place when certain Mideast fractions won’t accept you.
Report Post »MS-GlenNBC
Posted on February 15, 2012 at 1:10pm“BBG” Beck Blaze & GBTV
What the hell does this have to do with NEWT Gingrich ???
You are off Message.
Report Post »TheObamanation
Posted on February 15, 2012 at 1:16pmIsn’t Gingrich done ?
Report Post »TH30PH1LUS
Posted on February 15, 2012 at 1:09pmHillary taking over the World Bank is akin to Bill taking over the Playboy Mansion. Except in her case – the whole world gets screwed.
Report Post »MS-GlenNBC
Posted on February 15, 2012 at 1:16pmLike
Report Post »FedUpAlready
Posted on February 15, 2012 at 1:55pmThat’s for sure, if you’ll steal from the White House, right down to removing the “W” keys, off the computers, just imagine what she could steal from the World Bank! Our heads of the Fed have lost 1.2 Billion dollars and have no idea where it went. Just think of a Dem in charge of the World Bank. On second thought I don’t want to think about it!
Report Post »blackstone22
Posted on February 15, 2012 at 2:29pmgreat post TH30PH1LUS…..
Report Post »Adding insult to injury would be having John Kerry as head of the Foreign Relations comittee, what a pompous clown. Kerry’s only skill set is marrying annoying rich women.
SREGN
Posted on February 15, 2012 at 4:38pmNice!
Report Post »maryanne3935
Posted on February 15, 2012 at 6:00pmthat is a good one, hillary ups bill and goes global . Maybe now he can too
Report Post »whereareyourbrains
Posted on February 15, 2012 at 1:08pm2 post…………none appears………..
Report Post »babylonvi
Posted on February 15, 2012 at 2:45pmSee, there they are. You have to be patient. Blaze uses two TRS-80 Model I servers.
Report Post »LB
Posted on February 15, 2012 at 1:07pmHow about somebody that might know how to oversee money….so not a liberal, socialist, marxist etc.
Report Post »Nervous Investor
Posted on February 15, 2012 at 1:41pmFabians control the world – dont you realize that yet? Check out the French dame over at the International Monetary Fund ….
God help us all; Fabians help themselves (to our stuff).
Report Post »whereareyourbrains
Posted on February 15, 2012 at 1:07pmI thought Michelle was spending all our money……………now this.
Report Post »whereareyourbrains
Posted on February 15, 2012 at 1:05pmI thought Soros had it all in order…along with Oconmas help. I guess they need even more secured before we become Heil Hitlers new Country…………..Weren’t all the steps taken care of already. You know to collapse America………with Clintons help. She is so loved
Report Post »TheObamanation
Posted on February 15, 2012 at 1:05pmBrett Favre is like … Hillary … C’mon … It’s time to retire …
Report Post »babylonvi
Posted on February 15, 2012 at 2:49pmI would rather have Farve as head of the world bank rather than Hillary or Summers.
Report Post »hauschild
Posted on February 15, 2012 at 1:04pmWhat the hell does Hillary know about world banking? Makes you wonder how these dweebs get these positions to begin with. No wonder the world is in complete shambles.
I would certainly hope that cooler heads prevail and somebody with sense gets to fill this position.
Report Post »Nervous Investor
Posted on February 15, 2012 at 1:47pmThe answer to your first question is “Nothing”.
She is however a insider member of international Fabian-ism aka International Socialism aka the Leftist Conspiracy to control the commanding heights of the world economy and through their Central Planning decide what, where and when you will receive a few crumbs (and abortions or sterilizations on demand) from time to time – whilst the Politburo enjoys a champagne lifestyle.
Report Post »TEXASGRANNY73
Posted on February 15, 2012 at 2:11pmOh Hillary knows the world bank. Believe that. Money goes through the state dept. and she is the deciding factor. Read my post below to Sadie. Have to sign off now. Type in IMF and up will pop the World Bank and IMF, yep and read around. Read the very last line in their Magazine article heading Global Food Markets Must Be Kept Open to Protect the Poor. See if it sounds familiar. Corporations also give money. See Melissa and Bill Gates contribution. Sorta makes one wonder about Caymen Islands money. Have to go.
Report Post »Sue Dohnim
Posted on February 15, 2012 at 1:03pmHillary, head of the World Bank,
Buy more gold…
Report Post »gpk
Posted on February 15, 2012 at 1:13pmBuy more ammo. Invest in lead.
Report Post »THX-1138
Posted on February 15, 2012 at 1:01pmTick, tick, tick…
Report Post »Snowleopard {gallery of cat folks}
Posted on February 15, 2012 at 12:57pmGreat Hillary gains the world bank and then Soros wins everything.
Report Post »ldaopines
Posted on February 15, 2012 at 12:57pmWhat does it takes to retire the old Clinton folks? They hunger for headlines and power. I know Bill shows a bit too much interest in global leadership roles with his Global Summits and Initiatives.
Why can‘t Progressives take their bow and exit the stage like the Bush’s? You don’t see GW inserting himself constantly like the Clintons and Carter. Geez! Carter can’t let go…maybe he’s trying to leave a better taste in our mouths. Won’t happen. It’s acid reflux.
Report Post »Darmok and Jalad at Tanagra
Posted on February 15, 2012 at 1:01pmThe only way to kill the wicked witch is either drop a house on her, or a bucket of water.
Fly my monkeys.
Report Post »kentuckypatriot
Posted on February 15, 2012 at 1:07pmVery true. The Bushes are quietly living their private lives, unlike some people we know!
Report Post »JACKTHETOAD
Posted on February 15, 2012 at 12:55pmShe’s as qualified to do that job as she is to be the Secretary of State as she was to be a Senator from New York (she ran on the boo-hoo, my husband cheated on me platform, and the New York lefties gobbled it up). Her only qualification for anything is being an ex-president’s wife.
Report Post »goodgrubguy
Posted on February 15, 2012 at 1:17pm..and attourney. Thank god she didn’t beat BO. She might actually win a second term. I can’t see how BO does.
Report Post »JACKTHETOAD
Posted on February 15, 2012 at 2:14pmI dunno. The only thing most attorneys qualify for is a lifetime pass to the reptile kingdom. Poor Bill, disbarred in 2001. I hope he’ll find a nice warm rock to sun himself.
Report Post »AmericanStrega
Posted on February 15, 2012 at 12:55pmGreat, Just flipping great.
Report Post »psadie
Posted on February 15, 2012 at 12:54pmWOW, then she will really decimate the USA. Talk about one world government, it looks like things are shaping up FAST with her at the helm and in control of the money.
Report Post »TEXASGRANNY73
Posted on February 15, 2012 at 1:50pm@Sadie She has been in charge of the money. All monies going out of the world bank and into other countries have to be approved by Hillary. The human rights of the IMF International Monetary Fund was put into affect during Clinton administration. The President US appoints head of World Bank (already in effect) but do you see a picture here? Monies to Pakistan or any other country a member of IMF. Look it up. A committee in Congress suggest but she decides. UN in US US in UN. There is more. Look up Kraft Foods Helmanns Food Jimmy Dean Foods Coca Cola. Please read (I am serious) the Magazine article at IMF web page. About food control and how to treat the poor. While we the people were just living we were being sold out lock stock and barrel. Glenn has been correct the entire time. I have deleted some I want to write but there is so much. I am not a sheeple I have searched on my own but I do trust Glenn. He is my American brother who I trust.
Report Post »Itsjusttim
Posted on February 15, 2012 at 12:53pmThe name Hillary; Cheerful; Sir Edmund Hillary was the first to climb Mt. Everest, and it is of Greek origin…oh what a surprise.
Report Post »Itsjusttim
Posted on February 15, 2012 at 12:57pmWhat was it Jesus said, any one can get into Heaven but through him, even a Greek. I guess Greeks weren’t very high on his mind.
Report Post »Drum Man
Posted on February 15, 2012 at 12:49pmNOOOOOOOOOOOOOO!!!!!!!!!!! Not Billery!!!!
Report Post »Nemo13
Posted on February 15, 2012 at 12:46pmThe world bank should be CLOSED. Hilary Clinton should be in JAIL.
Report Post »Itsjusttim
Posted on February 15, 2012 at 12:55pmShe won’t be thrown in jail and she is climbing Mt. Everest.
Report Post »FactNotRhetoric
Posted on February 15, 2012 at 12:46pmGetting rid of the “Saudi Puppet Hillary” could be the best thing that ever happened to America.
Report Post »USPATRIOT101
Posted on February 15, 2012 at 1:54pmI’m hoping for a fiery plane crash.
Report Post »TSUNAMI-22
Posted on February 15, 2012 at 12:45pmGreat. “For our next trick, Charles Manson will lead the Right to Life coalition”.
Report Post »Collbuzz
Posted on February 15, 2012 at 5:33pmHA! Good one!
Report Post »I.Gaspar
Posted on February 15, 2012 at 12:45pmHer first act will be to unveil the new world currency….the Soros.
Report Post »KAdams
Posted on February 15, 2012 at 1:20pmWait, what? Not the scru(screw)ble?
Report Post »KAdams
Posted on February 15, 2012 at 1:22pmMy husband called it the ‘scruple’… it‘s a mash of ’screwed people’, while fitting nicely inline with the ‘doublespeak’ rampant in this world’s society.
Report Post »JACKTHETOAD
Posted on February 15, 2012 at 2:21pmKADAMS, it could never be called the scruple, because the elite don’t have any. The screwble, however, is priceless!
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