21 May 2011

Strauss-Kahn released on bail

Fallen IMF chief Dominique Strauss-Kahn left jail on bail on Friday and was whisked to a safe house off Wall Street where he will be held under round-the-clock armed guard.

French Finance Minister Christine Lagarde led the race to succeed him in the top job in global finance. But developing countries, whose clout in the world economy has grown in recent years, kept up pressure on Europe and the United States to avoid a backroom deal over the appointment. IMF comes out with a new code of conduct

No comments:

Custom Search
Get