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The sexual assault charges cast uncertainty over global efforts to prevent Europe’s debt crisis from spinning out of control and raise questions about the future of one of the world’s most powerful financial institutions. At the Washington-based IMF, which makes emergency loans to struggling economies, Strauss-Kahn has been a muscular advocate for aiding Greece, Ireland and Portugal as they have fought to avoid insolvency. A default by a developed European economy would shock the global financial markets and endanger the nascent economic recovery in the United States. The IMF on Sunday named Strauss-Kahn’s second-in-command, former banker John Lipsky, as his replacement.
related dsk updates:
china central bank lays it down -
"new imf leadership should reflect new world order"*
in europe, calls for imf chief strauss-kahn to quit*
europe, developing nations clash over who will replace imf chief*
dsk frame-up: amerikan police state strides forward*
strauss-kahn & the imf/bcci mugger*
dominique strauss-kahn resigns as imf chief, bailed for $1m, ordered to face sex trial*
related tabloid trash updates:
the 'sperminator' won't be back -
arnold's love-child bombshell spurred split with maria*
yale suspends fraternity for raunchy chants*
related econocrash updates:
US debt limit reached, government halts pension investments*
both medicare & social security, for the first time, spent more than they received*
treasury prepares to plunder another $45b from retirement funds as it issues $110b more debt next week*
ubs still popular with both obama & gop after paying more than $1b in fines*
'we are 100% certain that governments will start banning bitcoins in the next 12 to 18 months’*
gavin andresen, project lead of bitcoin, invited to speak at cia*
the people vs. goldman sachs*
'good hair': hair extension thefts on the rise*
video: 'robin hoods’ attempt to raid jpmorgan-chase shareholder meeting*
2 comments:
Nice article, thanks for the information.
Good article on Goldman Sachs lying to congress and getting caught. You can see the whole testimony on C-Span archives.
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