The board has the power to dismiss Mr Wolfowitz, and will meet again on Wednesday to consider his fate.
"You still have the opportunity to avoid long-term
damage by resolving this matter in a fair and equitable way that
recognises that we all tried to do the right thing," Mr Wolfowitz said,
according to a statement released by his lawyers.
Earlier on Tuesday, the White House said it still supported Mr Wolfowitz, but added that all options were still open.
"We've made clear that we support Paul Wolfowitz,"
said spokesman Tony Snow, adding that the bank's "best interests" also
had to be served.
After the hearing in Washington Mr Wolfowitz's lawyer
Robert Bennett his client's performance justified "the full support he
has from leadership in the White House".
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In the above it would be incorrect to write 'that the bank's "best interests" also
had to be served'.
It should be the present tense. It should be 'that the bank's "best interests" also
has to be served.
This is an ongoing affair. What do you think?