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DrVolin wrote:I wouldn't be surprised at all if the allegations were true and this was a political hit.
cptmarginal wrote:I notice that when you type in his name on Google, one thing it suggests is "dominique strauss-kahn illuminati"
Translation, anyone?
Nordic wrote:"socialist" and "head of the imf" just don't go together. one of them is a bogus term and we know jis job at the imf wasn't bogus, so i'd say its a fair assumption that his label of "socialist" is.
Short summary:
This young journalist was attacked when she interviewed DSK who made her come to a remote apartment with nothing but a TV, VCR, and bed in it.
He then attacked her and she fought back. He tore off her bra and jeans. She used the words "rape" during the fight to scare him away, but he showed no reaction. She was eventually able to flee, but did not bring charges on the advice of an attorney who showed her a pile of similar cases against DSK but that the other women had decided not to go forward. The lawyer advised her that, if she went forward, she would forever be known as the woman who brought down DSK, not as a journalist.
After the incident and after she had been able to flee, DSK sent her a phone text message, saying' "You fear me, don't you?"
DrVolin wrote:I wouldn't be surprised at all if the allegations were true and this was a political hit.
IMF boss calls for global currency
Dominique Strauss-Kahn, head of the International Monetary Fund, thinks a new world currency would calm economic instability and curb the dollar's power
Heather Stewart
guardian.co.uk, Thursday 10 February 2011 15.22 GMT
IMF managing director Dominique Strauss-Kahn thinks the fund's Special Drawing Rights could be used as a global currency. Photograph: Larry Downing/REUTERS
Dominique Strauss-Kahn, managing director of the International Monetary Fund, has called for a new world currency that would challenge the dominance of the dollar and help curb future financial instability.
In a speech in Washington, Strauss-Kahn argued that the reserves that member countries held with the fund could be used, instead of the dollar, to price international trade. These so-called special drawing rights (SDRs) could also act as an alternative to the dollar in central banks' foreign currency reserves.
"Using the SDR to price global trade and denominate financial assets would provide a buffer from exchange rate volatility," he said, while "issuing SDR-denominated bonds could create a potentially new class of reserve assets".
The IMF published a policy paper backing Strauss-Kahn's views as it gathered top-level economists for discussions on the future of the international monetary system.
Strauss-Kahn, who has been tipped as a contender for the French presidency next year, also argued that the way SDRs were valued, which is currently based on a basket of currencies – the dollar, sterling, the euro and the yen – be broadened to include others such as the Chinese yuan.
International policymakers have become increasingly concerned about the threat of currency wars as struggling governments try to hold down their own exchange rates as they clamber out of recession.
Strauss-Kahn admitted that there were formidable hurdles to achieving a greater role for SDRs, but he warned that without urgent action, the simmering conflicts in the international financial system could tip the world back into chaos.
"Global imbalances are back, with issues that worried us before the crisis—large and volatile capital flows, exchange-rate pressures, rapidly growing excess reserves – on the front-burner once again. Left unresolved, these problems could even sow the seeds of the next crisis," he said.
China, which holds much of its $2.85 trillion mountain of reserves in US Treasury bonds, has repeatedly expressed unease about the value of the dollar, while American politicians have complained that Beijing gains an unfair advantage by keeping its own currency cheap.
The idea of SDRs emerged in 1969, to support the Bretton Woods fixed exchange rate system, but when that collapsed a few years later, the role of SDRs was largely forgotten. They allow IMF members the right to swap their own reserves for foreign currencies in times of need.
However, at the London G20 meeting in 2009, in the midst of the credit crunch, world leaders agreed a dramatic $250bn boost to SDRs, sparking speculation that they could play a growing role in the global monetary system.
Strauss-Kahn said the IMF was also examining ways of strengthening international policy co-ordination, and monitoring international imbalances.
lupercal wrote:My rough guess at this point is that he got Spitzered, in other words, had a hooker habit intercepted at a timely juncture
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lupercal wrote:My rough guess at this point is that he got Spitzered, in other words, had a hooker habit intercepted at a timely juncture, timely for his rivals that is. Don't know a lot yet about Strauss-Kahn but I know enough about Sarkozy to also guess that this is bad news for all concerned, including IMF clients.
Nov 22nd 2010 | from The World In 2011 print edition
Dominique Strauss Kahn has a big choice to make in 2011, and will command headlines whichever way he jumps. As head of the IMF, his current position, he may be called on to underwrite the rescue of one or more failing sovereigns, with Greece first in line. Or he may leave the fund to seek the Socialist nomination for France’s 2012 presidential election, an option he will consider only if opinion polls give him a clear lead over the main contender, Martine Aubry. If he wins the nomination, he will be odds on to become the first Socialist to win the presidency since François Mitterrand in 1988.
...As a top IMF official, Mr. Strauss-Kahn has diplomatic immunity only on official fund business. He was in New York on private business, an IMF official said. The potential sentence Mr. Strauss-Kahn could face if convicted will depend on the number and specific type of charges filed against him.
Police said a 32-year-old cleaning woman accused Mr. Strauss-Kahn of sexually assaulting her in the Sofitel Hotel near Times Square. The alleged victim, a native of Guinea and mother of two, said she entered room 2806, a $3,000-a-night luxury suite, around 12 p.m. on Saturday to clean it, thinking it was empty, according to a law-enforcement official with knowledge of the case.
According to the narrative she gave investigators, Mr. Strauss-Kahn emerged from the bathroom nude and approached her from behind and touched her breast, then threw her on to the bed, the official said.
She told police she broke free but was then pushed into a rear hallway of the suite near the bathroom. Mr. Strauss-Kahn allegedly caught up with her and sexually assaulted her, the official said, before allowing her to leave.
The accuser informed hotel security officials, who showed her a photo of the suite's occupant. After she identified Mr. Strauss-Kahn as her attacker, hotel officials then called police, the official said. The alleged victim was taken to a hospital where she was treated for trauma, tested for sexual assault and later released, the official said.
The official said detectives have recovered DNA evidence at the scene.
Mr. Strauss-Kahn checked out of the Sofitel at 12:28 p.m., police said. But it was his call from JFK airport to the hotel in search of his phone at 3:40 p.m. that identified his whereabouts. Police were then able to locate him and escort him from the plane. Later in the night, Mr. Strauss-Kahn was formally charged with sexual assault and attempted rape, the department later said in a statement. On Sunday, the woman picked the IMF chief out of a lineup at a Manhattan police station, the official said.
The arrest threw into question whether Mr. Strauss-Kahn will be forced to resign his IMF slot. In 2008, early in his IMF term, he was investigated by the IMF's staff for whether he abused his power by having an affair with a female staffer. Although he was cleared of abuse of power charges, several directors said they warned Mr. Strauss-Kahn that such conduct wouldn't be allowed in the future and that he had brought the IMF into disrepute.
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