Apr 16

If you said these are all things that current or former IMF heads are or have been accused of, you are 100% correct.


Spot The Common Theme: Prostitution Scandals, Kickbacks And Money Laundering (ZeroHedge, April 16, 2015):

First it was DSK with his ‘frequent’ sex-parties, rape charges, and pimpin’ hookers.

Ex-IMF chief Dominique Strauss-Kahn (DSK) – who denies charges of pimping – has told a court in northern France that prosecutors had greatly exaggerated the frequency of his “licentious evenings.” In fact, as The BBC reports, DSK explained (with a straight face) that he took part in only a few rare sex parties – “only 12 parties the last 3 years.”

As he took the stand on Tuesday, Mr Strauss-Kahn said: “I committed no crime, no offence.”

“The prosecution gives the impression of unbridled activity,” he told the court. But, he added: “There were only 12 parties in total – that is four per year over three years.”

Then came Christine Lagarde’s corruption and kickbacks scandal.

In 2008, Lagarde decided to allow an arbitration to end a dispute between Bernard Tapie, a businessman and supporter of then President Nicolas Sarkozy, and former state-owned bank Credit Lyonnais. Lagarde, who was put under investigation for “negligence” by the Cour de Justice de la Republique, denied any wrongdoing, saying it was the best option for the state. Continue reading »

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