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US says Strauss-Kahn in no position to run IMF
Business digest: Treasury secretary calls for interim head to be appointed as DSK faces rape charges
There are growing calls for the current head of the International Monetary Fund, Dominique Strauss-Kahn, to be replaced following his arrest for alleged assault on a hotel maid in New York on May 14.
US treasury secretary Timothy Geithner recommended that the IMF formally appoint an interim director, adding that Strauss-Kahn was "obviously not in a position to run the IMF". Geithner refused to comment on the charges brought against Strauss-Kahn, which include unlawful imprisonment and attempted rape.
Strauss-Kahn's deputy, John Lipsky, is currently filling in for the 62-year-old as acting head of the global lending body while he awaits trial in Rikers Island prison.
Washington is one of the biggest voices in the IMF, as it holds the largest number of votes.
Read a full report at BBC News. ·
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Given the extraordinarily speedy and expeditious manner in which this has been handled, this may well betoken a honey-trap and high-level string pulling by someone who simply does not want to S-K as head of the IMF. There are of course one or two candidates in high places for this: he is not popular with certain French pols, and not popular with the US pols - his handling and refusal of bail makes that clear. Names, anyone?...and who IS to be the IMF anointed...that will make it clearer.