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Wednesday, May 18, 2011

Calls For Dominique Strauss-Kahn To Resign

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Global financial leaders are
persuaded that the International
Monetary Fund Managing Director,
Dominique Strauss-Kahn, is unable
to run the fund because of the
sexual scandal he's facing.

Strauss-Kahn's situation has led
to calls for the IMF chief to
resign.

United States Treasury Secretary
Tim Geithner and European Union
finance ministers are among
those calling for Strauss-Kahn's
resignation.

The sexual assault charge against
Strauss-Kahn has rendered the
62-year old IMF chief no longer
capable of running the fund,
Geithner.

Geithner pressed for the IMF
executive board to designate an
interim head, although the fund
had named on Monday another IMF
official, John Lipsky, as
temporary replacement for
Strauss-Kahn.

Austrian Finance Minister
Maria Fekter backed Geithner's
call.

The court's refusal to grant
the IMF head bail is hurting
the fund's image, Fekter.

Due to the extraordinarily
serious charges filed against
Strauss-Kahn, he should make
the decision to step down from
his post, Spanish Finance
Minister Elana Salgado.

The Chinese and Brazilian
foreign ministries stated it
was time to end a six-decade
gentleman's agreement that
guaranteed the managing
director's post to a European.

Source: http://newsblaze.com/story/20110518155153writ.nb/topstory.html

1 comment:

Critique and Write said...

Strauss-Kahn's situation has led to calls for the IMF chief to resign.

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