Strauss-Kahn Allegations Could Have Serious Effects On Global Economy

This weekend’s detention of the IMF’s chief on allegations of sexual assault has implications that go well beyond the impact on Dominique Strauss-Kahn’s (or, as he is commonly known, DSK) international prestige. They could also impact the IMF, France, market uncertainty and the well-being of the global economy.

Read the whole story: Reuters

Comments

[gil tisit]

01:11 PM on 05/18/2011

IMF is guilty by assossiation. I do that with Romney and robust Mormon support for gay rights. Fair game.

[nes718]

08:39 AM on 05/17/2011

One crook down, many more to go.

[brklynivn]

08:08 AM on 05/17/2011

That must mean this is quite common among IMF officials...

[MSROADKILL612]

03:52 AM on 05/17/2011

The IMF seems to have trouble keeping itstrousers on

[Peanut Santiago]

02:43 AM on 05/17/2011

Nice.

If they don't cause trouble with their greed, they do it with their "willy."

[Darwan Winkler]

02:30 AM on 05/17/2011

What's the penalty for assault with a dead weapon anyway?

[cadawa]

02:11 AM on 05/17/2011

Don't think so. The predatory practices of the IMF put it under a cloud without any help from anyone or what may or may not be a sex crime.
Strauss-Kahn was leading the bank away from practices that devasted developing nations and paved the way for exploitation that made the IMF one of the most hated institutions outside the US.
Is it coincidencel that he was dragged off of a plane in the banksters home town and that his replacement is a former VP of JP Morgan Investment Bank? That he is being tried in the press ala Julian Assange?
http://counterpunch.org/whitney05162011.html

[PrincessAnnie]

02:32 AM on 05/17/2011

Yep...you nailed it. Something about this story smells.

[Darwan Winkler]

02:33 AM on 05/17/2011

Hmm? sounds like he needs a very good lawyer.

[Peter Combs]

01:12 AM on 05/17/2011

The IMF has BEEN under a dark cloud for years...this whole story just justifies the "cloud" a bit more.

[Dhammaflame]

12:49 AM on 05/17/2011

Be careful what you say about the IMF, you could be labeled a domestic terrorist. In the U.S., the "PATRIOT Act" criminalizes peaceful anti-globalisation protests. Demonstrating against the IMF or the WTO, for instance, is considered "a crime of domestic terror". Under the Act, "domestic terrorism" includes any activity which could lead to "influencing the policy of a government by intimidation or coercion".

[barbra1971]

01:46 AM on 05/17/2011

Can Judges say anything about IMF? Are they excluded? (just checking, maybe they are not)

[Dhammaflame]

02:08 AM on 05/17/2011

You would think Judges could nail the bank if it was breaking the law. Very, very interesting question. If I wanted to sue the bank would I be accused of Domestic Terrorism? How does effect Journalism and investigation regarding IMF activities?

[budanatr]

12:10 AM on 05/17/2011

The IMF deserves to be investigated. People need to know the harm this organization does to so many countries and millions of people every year. They are a bunch of economic neo-cons who promote trickle down voodoo economics to the entire world. Unfortunately too many governments either buy into it or have no choice.

[jabreal00]

10:52 PM on 05/16/2011

It somehow has to be Obama's fault, right? Because according to Republicans, everything else is his fault.

[Darwan Winkler]

02:36 AM on 05/17/2011

I'm sure they are trying to connect dots and will offer up something tomorrow.

[1oldhippie]

10:46 PM on 05/16/2011

A perp walk, from a 'banker'.
Hope the victim doesn't get assaulted, again, at trial...

[Ajax Johnson]

10:37 PM on 05/16/2011

We've seen what he CAN do.
What wouldn't he do?

Investigate IMF

[shadow013]

10:27 PM on 05/16/2011

Wonder if he was set up to be discredited because he told the truth on "Inside Job."
You know, "Inside Job," the award winning documentary movie that explains how we arrived in the financial crisis and enduring recession. There have to be some big people with big money who don't want this man believed.

[mandalay007]

10:34 PM on 05/16/2011

ah yes, another of the naive who think this guy is the swell socialist---------yea, no doubt at the route is either a conspiracy to bring down this "good man"-----(who by the way enjoyed ALL the fruits which CAUSED the financial crisis), or just another conniving woman/minority hotel maid, whatever------------

[mandalay007]

09:58 PM on 05/16/2011

it won't bother me at all, if the IMF takes the beating it justly deserves-------albeit, the effect on a struggling global econ.at this time is far less than swell----------(El Erian who wrrote the article may be the only no-nonsense person to take it over, but I am wondering why he should bother, as he has enough money, status, and power)---------the amusing thing is that DSK is considered a "socialist", when he is nothing more than a fraud--------3k a night suite, 150k car, and lots of perks-----it fits for the ripper-offers of the IMF------who fraudently pretend to be doing something for the poor countries and their people------