To the Point
Can Paul Wolfowitz Keep His Job?
The professional staff is in open revolt against Paul Wolfowitz, and the leaders of Europe want him removed as President of the World Bank. Also, the breakup of DaimlerChrysler, and US postage rates are going up, but that's not all that's changing.
By Warren Olney • • 1h 0m ListenThe professional staff is in open revolt against Paul Wolfowitz, and the leaders of Europe want him removed as President of the World Bank.What's at stake for the Bush White House and the international effort to end poverty? Also, the breakup of DaimlerChrysler, the most expensive merger in auto industry history and, on Reporter's Notebook, US postage rates are going up, but that's not all that's changing.The shapes and sizes of envelopes and packages could mean big money for small businesses.
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In this episode
3 storiesUS Private Equity Firm Buys Chrysler
DaimlerChrysler will become Daimler and Chrysler again in the breakup of the most expensive merger in auto industry history. Chrysler's new owner will be Cerberus Capital Management , a private equity firm run by former Treasury Secretary John Snow . David Cole is Chair of the Center for Automotive Research , a nonprofit think-tank…
Read the story6 minThe Wolfowitz Showdown at the World Bank
The World Bank is a multilateral institution intended to rid the world of poverty. Big European donors have a powerful voice but the United States picks the Bank's president. Now they're at loggerheads over Paul Wolfowitz , chosen two years ago by President Bush after helping to plan the Iraq War as top aide to Donald Rumsfeld. …
Read the story35 minSmall Companies to Feel Pinch of First-Class Postal Increase
The price of a US postage stamp went up today from 39¢ to 41¢. You can now buy a " forever stamp " that will always have the value of the one-ounce letter rate, but that's not the only change being imposed by the US Postal Service.
Read the story8 min
