There was a lot of controversy about the appointment of Wolfowitz as the president of the Worldbank. He is seen as a Bush puppet and one of the architects of the Iraq war. The nomination did not get a lot of support from the UN member states, and certainly not from the general public. Personally, I felt ashamed to be a UN staff member when he became one.
Wolfowitz recently became involved in a scandal as he personally intervened in the handling of a high-paying promotion for his girlfriend, Shaha Riza. European countries led by France, Germany and the Netherlands, jumped on the opportunity and have said Wolfowitz should step down to salvage the bank's credibility.
A Worldbank board panel now found Wolfowitz broke bank rules and represented a conflict of interest.
Read the full story here. It seems his last days in the Worldbank are numbered. It was just a matter of time...
Flash update: Wolfowitz resigns from the Worldbank. Full story here.
Picture courtesy Reuters. I found this news item via The Other World News