On my point about this being really bad for the Bank's p.r.:
"But consider another interpretation. Despite the unpopularity of the Iraq war, Wolfowitz's strength is that he'll make the bank a tool of U.S. policy. And if you're going to have an ideology, Wolfowitz has the right one." LINK
This guy's argument is that the World Bank is effective because it is a Washington-centered organization, kept out of the evil econimic grasp of Tokyo or wherever else.
He of course neglects the fact that associating the World Bank with America and the neo-conservative movement will a) make large, annual meetings really entertaining, and b) make it harder (in my opinion) for the Bank to go about its every day, global busines, if it is perceived as a tool of this administration.