Wolfowitz on Thursday announced that he would step down at the end of June, his leadership undermined by a furor over the compensation he arranged in 2005 for Shaha Riza, a bank employee.But later in the article it says:
After days of negotiations, Wolfowitz got what he wanted - an acknowledgment from the bank's board that he did not bear sole responsibility for the conflict-of-interest furor surrounding his handling of the pay package."He assured us that he acted ethically and in good faith in what he believed were the best interests of the institution, and we accept that," the board said in its announcement of Wolfowitz's resignation. [emphasis added]
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