Nah. He'll issue a "clarification" a la Wolfowitz, express his complete and total confidence in his leaders in the DOD, and state that he fully expects to find WMD today or tomorrow. Of course, there will be no second star.
Conway already has three stars, Einstein.
Your concerns for the General's career are misplaced. Lt. General Conway already has three stars.
Except that Wolfowitz's "clarification" came before the fact. It was a transcript of what he really said as opposed to what the liars at Vanity Fair wanted people to think that he said.