# Bank is facing huge losses , from bid-rigging, bribes, poor quality of goods and services and other problems in lending operations to poor countries. # Former Bank...

Paul Wolfowitz finally succumbed to the mounting pressure and resigned from the World Bank on Thursday. This brings down the curtain on a protracted battle over his...

The hullabaloo surrounding Paul Wolfowitz, President World Bank, accused of orchestrating out of the way $60,000 pay raise for his girlfriend has raised questions...