Financial Times FT.com

Wolfowitz working on resignation deal

By Krishna Guha and Eoin Callan in Washington

Published: May 16 2007 18:44 | Last updated: May 17 2007 01:02

Paul Wolfowitz on Wednesday began discussing possible terms for his resignation as president of the World Bank.

Although the White House was publicly standing by Mr Wolfowitz, his position looked tenuous, as the US administration appeared close to giving up the fight to keep him in office.

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