Economist Peter Doyle resigned after 20 years on the IMF , “ashamed to have been associated with the Fund , “which accuses him of withholding information.
Peter Doyle, an economist at the International Monetary Fund (IMF) for 20 years, resigned in the past 18 days, a letter, now published, with strong criticism of the organization is currently led by Christine Lagarde.
“Ashamed to have been associated with the Fund,” Peter Doyle went [...]
(Reuters) – Disgraced former IMF chief Dominique Strauss-Kahn and his wife have separated, as his legal battles run on over a New York sex assault case and his alleged involvement with a prostitution ring, weekly magazine Closer reported on Thursday.
Anne Sinclair, a wealthy heiress who recently relaunched her media career as a news editor at the Huffington Post’s French edition, threw Strauss-Kahn out of their home in central Paris a [...]
The alleged New York madam has been released from her four month stint in the grim Riker’s Island jail after finally posting bail.
Anna Gristina was freed in Manhattan having scraped together the $250,000 bond, which a judge signed off.
The 44-year-old has been in the grim Riker’s Island prison since April following her arrest in conditions she claims have made her feel like a ‘war criminal’.
Out: ‘Manhattan madam’ Anna Gristina, 44, [...]
Questioned about Greek crisis head of IMF said country can help itself collectively ‘by paying all their tax’
Suggests that IMF’s money would be better spent on African children than on people in Athens
Lagarde takes home £298,675-a-year untaxed
Receives further tax-free allowance package of £52,000
The head of the International Monetary Fund who controversially proposed that struggling Greeks should pay taxes contributes nothing herself to the public purse.
Christine Lagarde openly criticised citizens of [...]
IMF boss who caused international outrage when she suggested that Greeks should pay their taxes earns a tax-free salary
May 29, 2012
Christine Lagarde, the IMF boss who caused international outrage after she suggested in an interview with the Guardian on Friday that beleaguered Greeks might do well to pay their taxes, pays no taxes, it has emerged.
As an official of an international institution, her salary of $467,940 (£298,675) a year plus $83,760 additional allowance [...]
Disgraced ex-IMF chief Dominique Strauss-Kahn is countersuing the New York hotel maid whose accusation of sexual assault last year brought down his glittering political career.
The countersuit, signed Monday and made public Tuesday, seeks at least $1 million plus undetermined punitive damages from the maid, Nafissatou Diallo, who is accused of “falsely and maliciously asserting” she was attacked.
The 18-page document accuses Diallo of malicious prosecution, abuse of process, false imprisonment, defamation and intentional infliction of emotional distress.
“Ms Diallo participated [...]
The vice girl said she was held down by the wrists and forced to have sex
The 63-year-old was this week denied diplomatic immunity from being sued over alleged attempted rape of New York chambermaid
Dominique Strauss-Kahn faces gang rape charges following a prostitute’s claims she was held down by the wrists and forced to have sex, it emerged today.
The highly-paid vice girl said she was assaulted at Washington’s W Hotel in December 2010, [...]
PARIS (Reuters) – Allegations of scandal and dirty tricks, and a presidential lawsuit, clouded France’s election race as it entered the final week on Monday with both sides preparing for rival May Day rallies and a crucial television debate.
The developments, along with a new opinion poll showing Socialist challenger Francois Hollande’s lead over Conservative President Nicolas Sarkozy has narrowed slightly, raised the temperature on the eve of the rallies and [...]
Strauss-Khan charged with conspiring with pimps and knowing fraudulently obtained money used to pay vice girls
Claims he did not know women were vice girls ‘because they were naked all the time’
Five French and Belgian vice girls tell police DSK did pay them for sex
One said he ‘liked it rough’, another said ‘sessions often became bestial and violent’
But lawyer says DSK is ‘simple swinger’ who committed nothing more than ‘crime of lust’
In an interesting history, today’s WSJ points to a closed-door meeting in Washington on April 14th of this year as the moment that the attempts to ‘save’ Europe began to unravel. The player at the center of the debacle – one Dominique Strauss-Kahn – was pressing for more ‘help’ from Europe or else the IMF would not deliver more magic-money to the Greeks. The ultimatum drove a wedge between many competing camps over who [...]
This list is reserved for some of the worst of the worst United States criminals from 2011!
The Top 10 Highest Bail amounts for 2011!
9. $2,250,000: Karl F. Bonilla – Felony Shootings
8. $2,700,000: Jordan Liu – Child Molestation
7. $3,000,000: Marlon L. Green – Murder
6. $3,000,000: Daniel Lopez – Murder
5. $4,000,000: James Alan Greene – Attempted Murder
4. $5,000,000: Davis Ison – Attempted Armed Robbery
4. $5,000,000 cash: Jahmell W. Crockam – Murdering a [...]
In his first formal public address since facing charges, later dropped, for the attempted rape of a hotel maid in New York, Dominique Strauss-Kahn offered a blunt assessment of his former peers’ performance during the European debt crisis.
The Financial Times reported his comments from an economics conference in China.
His words seem to indicate a desire to criticize European leaders that will only fuel speculation that he intends to someday return to a [...]
PARIS (AP) — Surveillance videos publicly aired for the first time Thursday show Dominique Strauss-Kahn leisurely checking out of a New York hotel where he was accused of committing sexual assault and show his accuser appearing to act out the alleged attack.
It was not immediately clear how France’s BFM television acquired the minutes-long segments. The clips were the basis of recent news reports suggesting Strauss-Kahn might have been the target [...]
By Wolf Richter www.testosteronepit.com
“We’re not doing this for the Greeks, but for us,” said Chancellor Angela Merkel during a TV interview Sunday night. It was part of her efforts to ramrod a law through parliament that would raise the German contribution to the European Financial Stability Fund (EFSF) from €123 billion to €211 billion ($285 billion). In a moment of truth, she’d admitted that the [...]
PARIS (Dow Jones)–The former International Monetary Fund’s Managing Director, Dominique Strauss Kahn, Sunday said Greece is unable to pay its debt and its creditors will have to take losses on the debt they hold.
“Greece got poorer, we can say Greeks will pay on their own, but they can’t,” Strauss Kahn said in an interview on French TV channel TF1. “There is a loss and it [...]
WASHINGTON (AP) — The head of the International Monetary Fund called Thursday for bold and collective action to combat a slowing global economy and a worsening European debt crisis.
IMF Managing Director Christine Lagarde also said she welcomed President Barack Obama’s U.S. job-creation plan in light of the unemployment crisis in the United States.
Lagarde will preside at her first annual meeting of the 187-nation lending [...]
(Reuters) – Iceland’s president accused European countries on Sunday of having bullied it into agreeing to guarantee repayment of the debts of a failed bank, reviving a dispute with Britain and the Netherlands whose citizens are owed billions.
When Iceland’s banking sector collapsed in the 2008 global financial crisis, accounts were frozen at the bank Landsbanki, which had accepted deposits from British and Dutch [...]
European officials rounded on Christine Lagarde on Sunday, accusing the managing director of the International Monetary Fund of making a “confused” and “misguided” attack on the health of Europe’s banks. Ms Lagarde, the former French finance minister who replaced Dominique Strauss-Kahn as head of the IMF in July, used her address at an annual meeting of central bankers in Jackson Hole, Wyoming, to call for [...]
(Reuters) – Lawyers for the woman who accused former IMF chief Dominique Strauss-Kahn of sexual assault have explored a deal in which they would scuttle the criminal case in exchange for a monetary settlement in the civil lawsuit, the Wall Street Journal reported on Friday.
The woman’s lawyer, Kenneth Thompson, strongly denied the report, which the Journal sourced to unidentified people briefed on the matter.
The report [...]
PARIS (AP) — A French court on Thursday ordered an investigation into new IMF chief Christine Lagarde’s role in a $400 million arbitration deal in favor of a controversial tycoon.
Investigators will open an inquiry this week into possible charges of “complicity to embezzlement of public funds” and “complicity to forgery,” prosecutors said.
Lagarde was France’s finance minister when magnate Bernard Tapiewon a 2008 settlement with a French state-owned bank over the mishandled [...]
The new head of the International Monetary Fund (IMF), Christine Lagarde, has warned the “clock is ticking” on a deal to tackle the US deficit and raise its debt ceiling.
Unless politicians agree a package by 2 August the US may be unable to pay its bills, triggering an economic crisis.
On Tuesday the dollar fell against the euro whilst US shares closed down.
But Ms Lagarde warned against [...]
The hotel maid who has accused former International Monetary Fund chief Dominique Strauss-Kahn of trying to sexually assault her in a New York City hotel room has broken her public silence in an exclusive broadcast interview with ABC News.
“I want justice. I want him to go to jail,” Nafissatou Diallo told ABC’s Robin Roberts in an interview to air Monday on “Good Morning America,” [...]
by Brandon Smith of Alt-Market
Doing The Global Currency Shuffle
In mainstream financial circles, the concept of a global currency is often spoken of only with an air of caution. It is approached always in hypothetical terms. It is whispered of as some far off dream; a socio-economic moon landing in the far reaches of fiscal space. Perhaps in 2015, or 2020, or maybe 2050, but certainly never just [...]
In mainstream financial circles, the concept of a global currency is often spoken of only with an atmosphere of caution. It is approached always in hypothetical terms. It is whispered of as some far off dream; a socio-economic moon landing in the far reaches of fiscal space. Perhaps in 2015, or 2020, or maybe 2050, but certainly never just over the horizon, or right [...]
Christine Lagarde had her first press conference as the head of the IMF today. She inherits a world of hurt with the broken world economies. Still, many journalists wanted to ask her about her predecessor, Dominique Strauss-Kahn.
From violence on the streets in the Middle East to the war in Libya; to Greece, where unemployment hovers at about 16 percent and the debt crisis has [...]
(Reuters) – China is close to clinching a top-level post at the International Monetary Fund, IMF sources said on Wednesday after the Fund’s new chief pledged to give more power to emerging economies.
They said Min Zhu, a Chinese national who was a special adviser to former IMF Managing Director Dominique Strauss-Kahn, was expected to fill a new deputy managing director post to be created by [...]
By MICHAEL ROTHFELD
The hotel maid who accused former International Monetary Fund chief Dominique Strauss-Kahn of sexual assault filed a libel lawsuit Tuesday against the New York Post and five reporters over recent articles that said she had worked as a prostitute.
The lawsuit was filed in the State Supreme Court in the Bronx, where the woman lives, and uses only her initials. According to the suit, the [...]
Illustration by Eddie Guy
After 9/11, Rudy Giuliani went on Saturday Night Live to give New Yorkers permission to laugh again. But Mayor Bloomberg never did tell us when we could resume conspicuous consumption after the crash of 2008. And so, as we stumble through the second year of the official “recovery,” it’s been an improvisational return to high-end carousing in Manhattan.
A case in point was the [...]
(Reuters) – The hotel maid who accused former IMF chief Dominique Strauss-Kahn of sexual assault sued the New York Post and five of its journalists for libel on Tuesday for reporting that she was a prostitute.
The 32-year-old Guinean immigrant accused the Post of publishing defamatory articles between July 2-4 “in an apparent desperate attempt to bolster its rapidly plunging sales.”
The suit filed in [...]
Pop the champagne, DSK.
Prosecutors will agree to drop the charges against Dominique Strauss-Kahn – either on his next court date in two weeks or even sooner, according to a top investigator in the case who called the eventual dismissal “a certainty.”
“We all know this case is not sustainable,” the source told The Post exclusively yesterday.
“Her credibility is so bad now, we know we cannot sustain a case [...]
‘We all know this case is not sustainable,’ source tells New York Post
WASHINGTON — U.S. prosecutors will drop sexual assault charges against ex-IMF chief Dominique Strauss-Kahn at his next court appearance in two weeks, or earlier, because of doubts about the credibility of the alleged victim, the New York Post said on Tuesday.
The newspaper quoted an unnamed top investigator in the case who said the eventual [...]
She was turning tricks on the taxpayers’ dime!
The Sofitel maid who accused Dominique Strauss-Kahn of a sex attack in his suite wasn’t just a hotel hooker — she continued to work as a prostitute in a Brooklyn hotel where she was stashed by prosecutors, The Post has learned.
The so-called victim, whose web of lies has crippled the Manhattan DA’s case against the former International Monetary Fund [...]
(Reuters) – Scrutiny of the accuser in the sexual assault case against former IMF chief Dominique Strauss-Kahn intensified on Saturday after more revelations about her conduct following the purported May 14 attack.
A judge released Strauss-Kahn from house arrest and lifted strict bail conditions on Friday after prosecutors discovered a pattern of lying in the accuser’s background, although serious charges including sexual assault and attempted [...]