Thursday, May 19, 2011

IMF's Strauss-Khan Resigns

And it's "game over, man!" for embattled IMF executive director Dominique Strauss-Khan, as he tendered his resignation late tonight:

The Daily Beast:
Dominique Strauss-Kahn resigned late Wednesday night as the head of the International Monetary Fund. Strauss-Kahn, who faces seven charges of sexual assault in New York after allegedly attacking a hotel maid, made a statement saying his resignation is with "infinite sadness," but he needed to devote "all my energy into proving my innocence."

The New York Times:
In issuing his resignation Wednesday, Mr. Strauss-Kahn said, "I want to say that I deny with the greatest possible firmness all of the allegations that have been made against me."
News of the arrest produced an earthquake of shock, outrage, disbelief and embarrassment throughout France. 
Though Mr. Strauss-Kahn received generally high marks for his stewardship of the bank, his reputation was tarnished in 2008 by an affair with a Hungarian economist who was a subordinate there. The fund decided to stand by him despite concluding that he had shown poor judgment. He issued an apology to employees at the bank and his wife, Anne Sinclair, an American-born French journalist. 
Mr. Strauss-Kahn’s extramarital affairs have long been considered an open secret. But the legal charges against him - which include attempted rape, forced oral sex and an effort to sequester another person against her will - are of an entirely different magnitude, even in France and elsewhere in continental Europe.

Film and DNA tests at 11.

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