resignation

(Newser) - World Bank president Paul Wolfowitz is guilty of a conflict of interest for finagling promotions and raises for his girlfriend, according to a panel of seven bank directors. The result isn't binding and doesn't recommend a punishment, but bank insiders tell the Times that a majority of the 24 board...

(Newser) - Top managers at the World Bank held a tense closed-door meeting with Paul Wolfowitz last week, details of which have leaked to the Times. Managing director Graeme Wheeler told the sullied president he would cause “fantastic damage” by staying at the bank, which is facing "the biggest crisis...

(Newser) - Penn State women's basketball coach Rene Portland, who resigned last night,  ends her 27-year college career with 606 wins, amid allegations that she discriminated against lesbian players.  Under Portland, Penn State played in 21 NCAA tournaments, including the 2000 Final Four, but the team’s performance slipped the...