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JUNE 29, 2011, 1:03 P.M. ET
IMF's Lipsky Hails Greek Vote, Says More Work Needed -CNBC Article [Wall St Journal, Europe]
NEW YORK (Dow Jones)--Greece's tumultuous austerity vote Wednesday was an important first step toward resolving its long-term woes but more work is needed, the acting head of the International Monetary Fund told CNBC.
John Lipsky, the IMF's acting managing director, said that the package of reforms voted upon "was not austerity so much as it was important, ambitious structural reform. The debt and deficit are really symptoms of the competitiveness problem in the euro zone."
Lipsky said that Greece needs to "eliminate the crippling inefficiencies" in its economy, even as it moves to put its finances back in order and reduce its debt.
He also weighed in on the U.S. budget and debt ceiling battle, arguing that Washington needs a "substantial" medium-term fiscal package that will restore fiscal balance and cut its huge debt overhang.
"It's important to get started now, but all the problems don't have to be solved immediately," Lipsky said.
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http://online.wsj.com/article/BT-CO-20110629-710159.html
July 1, 2011 8:23 AM
Strauss-Khan accuser now center-stage
(CBS/AP) When Dominique Strauss-Kahn was arrested for the alleged sexual assault of a New York City hotel maid in May, questions about his past aggressive behavior toward women seemed to bolster the case against him.
Now, however, questions about his accuser's past have cast doubt on her credibility and may scuttle the French politician's prosecution.
According to a New York Times report, the 32-year-old hotel maid may be linked to drug dealing and possible money laundering. The unidentified woman also lied to investigators about previously being raped in her native Guinea, officials told the paper.
The case began on May 14, when the maid told police that Strauss-Kahn chased her down a hallway in his $3,000-a-night suite in New York's Sofitel hotel, tried to pull down her pantyhose and forced her to perform oral sex before she broke free.
"In the beginning, it was a strong case. There was a victim and several witnesses and forensic evidence that supported the victim's claim," a law enforcement official told the Associated Press.
The woman was in Strauss-Kahn's room only briefly before the alleged attack, his semen was found on her uniform , and she quickly reported the alleged assault and told a consistent story about it to investigators and prosecutors, the official said.
But from the beginning, Strauss-Kahn's attorneys have claimed to have the hotel encounter wasn't forcible, and that they have unreleased information that could "gravely undermine the credibility" of the housekeeper. The defense was using private investigators to aggressively check out the victim's background and her story, but the Times reported that it was investigators for the prosecution who uncovered discrepancies.
Among the revelations reported by the Times:
In the day following her accusations against Strauss-Kahn, the woman had a phone conversation with a man imprisoned and charged with possession of 400 pounds of marijuana. In the conversation, which was recorded, she spoke about possible benefits of pursuing the case, two officials told the paper.
Investigators discovered the imprisoned man was one of several people who deposited around $100,000 in cash in the woman's bank account over the last two years. The deposits were made from around the country - in Arizona, Georgia, New York and Pennsylvania. The woman claimed to know nothing about the deposits, saying they were made by her fiancé and his friends.
The woman was also paying phone bills to five different companies, though she told investigators that she owned just one phone.
The woman told investigators that she reported a previous rape on her asylum application, but the application contained no such account.
"She actually recounted the entire story to prosecutors and later said it was false," an official told the AP.
She also told investigators that she had been subjected to genital mutilation [as a lot of Guinean women are] but that information also differed from what appeared on the application.
The woman's lawyer has said she is prepared to testify despite a "smear campaign" against her. She remains unnamed because she is still an alleged victim of sexual assault.
Prosecutors are now taking the extraordinary step of seeking to substantially reduce Strauss-Khan's pricey bail, according to people familiar with the case. The Times reports that Strauss-Khan's house arrest may even be lifted, with him being released on his own recognizance.
But an official told the AP that prosecutors haven't necessarily reached a new conclusion about the allegations against Strauss-Kahn and have not decided whether to downgrade the charges.
A court hearing is set Friday for 62-year-old Strauss-Kahn.
He was held without bail for nearly a week after his May arrest. His lawyers ultimately persuaded a judge to release him by agreeing to extensive -- and expensive -- conditions, including an ankle monitor, surveillance cameras and armed guards. He can leave for only for court, weekly religious services and visits to doctors and his lawyers, and prosecutors must be notified at least six hours before he goes anywhere.
The security measures were estimated to cost him about $200,000 a month, on top of the $50,000-a-month rent on a town house in trendy TriBeCa. He settled there after a hasty and fraught house hunt: A plan to rent an apartment in a tony building on Manhattan's Upper East Side fell through after residents complained about the hubbub created by reporters, police and gawkers.
Under New York law, judges base bail decisions on factors including defendants' characters, financial resources and criminal records, as well as the strength of the case against them -- all intended to help gauge how likely they are to flee if released.
Defendants and prosecutors can raise the issue of bail at any point in a case. It's common, if asking a judge to revisit a bail decision, to argue that new information or new proposed conditions change how one or more of the factors should be viewed.
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http://www.cbsnews.com/stories/2011/07/01/national/main20076029.shtml
Canadian_watcher wrote:DSK has a previous history of sexual assault and harassment which are relevant to the speculation about whether or not he was capable of rape of the rape of this woman. Multiple victims of his abuse have come forward bravely to tell their stories.
This maid is an immigrant from Guinea. Guinea has one of the lowest literacy rates in the world, particularly low for females (18 some odd percent).
One has to ask how she came to be able to immigrate to the US in the first place. We do not have any facts on this, AFAIK, but it is possible that her entry to the US involved dealings with shady/corrupt characters who possibly still have some influence over her to this day. They might look at helping people with immigration as an investment: we get you there, you deal drugs for us and let us use your name to open cell and bank accounts.
We are to use it against her that she claims she was raped and also suffered genital mutilation in her home country but did not put these on her form seeking asylum. Did she even know how to read at that time? Do we know who advised her? and most importantly -What Difference Does It Make?
I'm making up a story in the above, of course. But it's just as 'true' as any story coming out of the DSK lawyer's camp. Just because the press is running with one version and not the other does not make it true. This, my friends, is all about making up a believable narrative that at once preserves the status quo and fattens those who were already wont to think the worst of the poor, the female, the immigrant and/or the dark skinned.
Stephen Morgan wrote:I know her name, Byrne. Apparently she talked the whole thing over, specifically whether to prosecute, with her boyfriend, at that time in prison on a hash-dealing charge. Is 400lbs a lot of hash? I assume therefore that it was his phone being monitored, as prison phones are, I believe. Therefore the evidence against he on drugs and money-laundering seems to come from investigating him.
Canadian_watcher wrote:Stephen Morgan wrote:I know her name, Byrne. Apparently she talked the whole thing over, specifically whether to prosecute, with her boyfriend, at that time in prison on a hash-dealing charge. Is 400lbs a lot of hash? I assume therefore that it was his phone being monitored, as prison phones are, I believe. Therefore the evidence against he on drugs and money-laundering seems to come from investigating him.
Hey Morgan... what makes you think this guy is guilty? Isn't he one of the male prison population.. possible/probable victim of a justice system biased against men and determined to imprison them?
Stephen Morgan wrote:That's not really relevant, as even if he was guilty it was only of a bit of dealing in marijuana, which shouldn't be a criminal offence. In fact, apart from the increase in profits attendant upon an illicit product I believe this criminalisation may be solely to allow a greater number of men to be imprisoned. But in this case that isn't relevant, what's relevant is that he was in prison having his phone calls recorded.
http://www.slate.fr/story/38311/nafissatou-diallo-dsk-portait-guinee
Canadian_watcher wrote:Stephen Morgan wrote:That's not really relevant, as even if he was guilty it was only of a bit of dealing in marijuana, which shouldn't be a criminal offence. In fact, apart from the increase in profits attendant upon an illicit product I believe this criminalisation may be solely to allow a greater number of men to be imprisoned. But in this case that isn't relevant, what's relevant is that he was in prison having his phone calls recorded.
I misread your intention, good fellow.truce.
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