IMF Chief 'Resigns' after alleged Assault..!

[jackovesk]

http://resources2.news.com.au/images/2011/05/16/1226056/559830-dominique-strauss-kahn-imf.jpg
Graphic showing about IMF chief Dominique Strauss-Kahn.

INTERNATIONAL Monetary Fund chief Dominique Strauss-Kahn has resigned in the wake of being accused of sexual assault by a New York hotel maid.

"It is with infinite sadness that I feel compelled today to present to the executive board my resignation from my post of Managing Director of the IMF," Mr Strauss-Kahn said today.

"I want to say that I deny with the greatest possible firmness all of the allegations that have been made against me."

Mr Strauss-Kahn, a leading French politician, is jailed in New York awaiting a grand jury decision on whether to indict him on charges of the alleged sexual assault and attempted rape of a 32-year-old Manhattan hotel chambermaid.

http://www.couriermail.com.au/news/world/imf-chief-resigns-after-alleged-assault/story-e6freopf-1226059000911

PS - By doing this, is this his 'Get Out Of Jail FREE Card'???

http://images2.wikia.nocookie.net/__cb20060925185232/monopoly/images/3/3d/Getoutofjailfreecc.jpg

[learninglight]

I came across an article yesterday in 1 of the newspapers saying 'Stanley Fischer, Israel's central bank governor, has been named as a potential successor if the head of the IMF, Dominique Strauss-Kahn is forced to quit'
Bit of a difference there in resigning and being forced out so makes me think somethings going on in back ground.

Much love

[jackovesk]

Who knows learninglight?

I came across this Headline in the 'Drudge Report' today

WOMAN SET TO RUN IMF?

http://graphics8.nytimes.com/images/2011/05/19/business/Lagardejp/Lagardejp-articleInline.jpg
From left, Timothy F. Geithner, Christine Lagarde and Dominique Strauss-Kahn last month

Which you can clearly see by Christine Lagarde defensive body language towards Dominique Strauss-Kahn and favoring the Corrupt Little 'Timmy Geithner', maybe the PTB's writing was on the wall (as to Dominique Strauss-Kahn's Fate) some time ago?

A Favorite Emerges for Helm of I.M.F.

PARIS — The French finance minister, Christine Lagarde, was on a panel at the World Economic Forum in Davos this January when her usual smile turned into a frown. Next to her, Robert E. Diamond Jr., chief executive of Barclays and one of the most powerful bankers in the world, thanked regulators and finance ministers for their role in shaping a better environment after the financial crisis.

http://www.nytimes.com/2011/05/19/world/europe/19iht-profile.html

PS - No matter who gets the role, you can bet your bottom $Dollar the corruption of the IMF will continue!

[learninglight]

What pricked my mind into overdrive was the Israel link, gonna do some fishing see what i can find:cool:

[learninglight]

Funny thought just came in my head; Julian Assange is being done for sex crimes which seem unfounded, is this the case here to get this bloke out, so they can change the top dog quick with whom ever they have lined up.

They taking bets here on who gonna get it

http://www.globes.co.il/serveen/globes/docview.asp?did=1000646993&fid=1725

[SteveX]

Not to take anything away from the woman but lets assume, for the moment, it's a set up. By refusing the million-dollar bail and keeping him jail, clearly it was to stop him influencing the IMF in his scheduled speech this week. Not being up on such things I wonder what he was going to say and who would loose by his influence.

[learninglight]

been fishing around, come up with this

IMF Managing Director (2007–2011)

On 10 July 2007, he became the consensus European nominee to be the head of the IMF, with the personal support of President Nicolas Sarkozy (member of the right UMP party). Former Polish Prime Minister Marek Belka withdrew his candidacy as it was opposed by the majority of European countries.[22] Some critics alleged that Sarkozy proposed Strauss-Kahn as managing director of the IMF to deprive the Socialist Party of one of its more popular figures.[23]

Strauss-Kahn became the front runner in the race to become Managing Director of the IMF, with the support of the 27-nation European Union, the United States, China and most of Africa. On 28 September 2007, the International Monetary Fund's 24 executive directors selected him as the new managing director. Strauss-Kahn replaced Spain's Rodrigo Rato.[24] On 30 September 2007, Dominique Strauss-Kahn was formally named as the new head of the International Monetary Fund (IMF). The only other nominee was the Czech Josef Tošovský, a late candidate proposed by Russia. Strauss-Kahn said: "I am determined to pursue without delay the reforms needed for the IMF to make financial stability serve the international community, while fostering growth and employment".[25] Under Strauss-Kahn the IMF's pursuit of financial stability has included calls for a possible replacement of the dollar as the world's reserve currency. An IMF report from January 2011[26] called for a stronger role for Special Drawing Rights (SDR) in order to stabilize the global financial system. According to the report, an expanded role for SDRs could help to stabilize the international monetary system. Furthermore, for most countries (except for those using the U.S. dollar as their currency) there would be several advantages in switching the pricing of certain assets, such as oil and gold, from dollars to SDRs. For some commentators that amounts to a call for a "new world currency that would challenge the dominance of the dollar".[27]

Strauss-Kahn made comments that could be perceived as critical of global financial actors, in an interview for a documentary about the Late-2000s financial crisis, Inside Job (2010). He said he had attended a dinner organised by former Treasury Secretary Henry Paulson in which several CEOs of 'the biggest banks in the U.S' had admitted they (or perhaps bankers in general) were 'too greedy' and bore part of the responsibility for the crisis. They said the government " 'should regulate more, because we are too greedy, we can't avoid it.' " Strauss-Kahn said he warned the officials of a number of departments of the U.S. government of an impending crisis. He also said: "At the end of the day, the poorest – as always – pay the most."[28]

Referring to his diplomatic efforts to secure IMF aid for Europe following the 2010 sovereign debt crisis, economist Simon Johnson described Strauss-Kahn as "Metternich with a blackberry".[29][30] In May 2011, referring to the IMF's change of heart in favour of progressive rather than neoliberal values, Joseph Stiglitz wrote that Strauss-Kahn had proved himself to be a "sagacious leader" of the institution.[31] Following Strauss-Kahn's arrest for sexual assault in New York, economist Eswar Prasad said that should he be forced to step down, the IMF "will find it hard to find as effective and skilful an advocate for keeping the institution central to the global monetary system".[29]

John Lipsky, the IMF’s second-in-command, was named acting Managing Director on 15 May 2011.[32]

Strauss-Kahn resigned from the IMF on 19 May 2011.
Above from Wikipedia

Having proved himself to be a sagacious leader ( dictonary meaning : wise, intelligent and has the ability to make good decisions) he must have done/said or going to do something to get his bum kicked out. Lets hope the next replacement has some kind of morals, i wont hold my breath lol

much love

[Möbius]

It seems to me that this is all due to the currency war that is going on behind the scenes. Arresting DSK a day before the Greece bail out talks is all about timing. The Americans probably want to destablise the Euro so that investors turn back to the Dollar which is in serious trouble. Look at the Euro / Dollar rates over the past few months. The Euro was climbing steadily against the Dollar until this all happened....

Mobius

[SteveX]

It seems to me that this is all due to the currency war that is going on behind the scenes. Arresting DSK a day before the Greece bail out talks is all about timing. The Americans probably want to destablise the Euro so that investors turn back to the Dollar which is in serious trouble. Look at the Euro / Dollar rates over the past few months. The Euro was climbing steadily against the Dollar until this all happened....

Mobius

This makes some sense. I wonder if the charges will be dropped now he's resigned?