Source: Manhattan District Attorney Set to Drop Charges Against Strauss-Kahn

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Source: Manhattan District Attorney Set to Drop Charges Against Strauss-Kahn

Post by ToddS on Tue Jul 05, 2011 11:15 am

Source: Manhattan District Attorney Set to Drop Charges Against Strauss-Kahn

Published July 05, 2011

| New York Post

New York – Prosecutors will agree to drop the charges against former International Monetary Fund chief Dominique Strauss-Kahn -- either on his next court date in two weeks or even sooner, the New York Post reported Tuesday citing a top investigator in the sexual assault case who called the eventual dismissal "a certainty."

"We all know this case is not sustainable," the source told The Post.

"Her credibility is so bad now, we know we cannot sustain a case with her," the source said, referring to the Guinean hotel maid who accused Strauss-Kahn of trying to rape her in his plush Manhattan hotel suite -- shocking charges that got the international banker bounced as head of the IMF and also derailed, at least for now, his bid to become president of France.

"She is not to be believed in anything that comes out of her mouth -- which is a shame, because now we may never know what happened in that hotel room," said the source, who is at the center of the investigation and would speak only on the condition of anonymity. "Did [Strauss-Kahn] use force? Was there actually a crime? I don't think we'll ever know."

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Re: Source: Manhattan District Attorney Set to Drop Charges Against Strauss-Kahn

Post by ToddS on Tue Jul 05, 2011 11:17 am

Lagarde Officially Takes Over IMF

World | July 5, 2011, Tuesday

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New IMF executive director Christine Lagarde (L) chats with Francois Baroin (R), during the questions and answers session in the National Assembly, Paris, France, 29 June 2011. Photo by EPA/BGNES

Tuesday is the first day of former French Finance Minister Christine Lagarde's new career as the Managing Director of the International Monetary Fund.

Lagarde succeeds Dominique Strauss-Kahn, who was accused of sexual abuse in May, is the first woman named to the top IMF post since the institution's inception in 1944. She was appointed as her new position on June 28.

The Managing Director is the chief of the IMF's operating staff and Chairman of the Executive Board. The chief executive is assisted by three Deputy Managing Directors in the operation of the Fund, which serves 187 member countries through about 2,700 staff from more than 140 countries.

Lagarde was regarded to be very likely to succeed Dominique Strauss-Kahn at the helm of the International Monetary Fund as early as more than a month ago.

Lagarde's appointment keeps the convention that Europe gets to head the IMF, while an American gets the top job at the World Bank.

"As I have had the opportunity to say to the IMF board during the selection process, the IMF must be relevant, responsive, effective and legitimate, to achieve stronger and sustainable growth, macroeconomic stability and a better future for all," she said in a statement after her appointment, as cited by BBC.


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