From the NY Times story on intelligence failures:
President Bush himself has never publicly blamed anyone in his administration, and some officials intimately involved in the review and public discussion of prewar intelligence including Condoleezza Rice, now secretary of state, and Stephen J. Hadley, now national security adviser, have since been promoted. Others, like Paul D. Wolfowitz, the former deputy defense secretary and now president of the World Bank, have been publicly praised and rewarded.
This is the American Heritage Dictionary's definition of the Peter Principle:
The theory that employees within an organization will advance to their highest level of competence and then be promoted to and remain at a level at which they are incompetent.
But what do we call being promoted after demonstrating incompetence at your current position?