Just What No One Needed
BBC reports that the IMF to investigate its director
The International Monetary Fund (IMF) is investigating whether its French director abused his power in an alleged relationship with a subordinate.
The IMF said the inquiry was instigated by a long-serving governing board member, Shakour Shaalan of Egypt.
In a statement Dominique Strauss-Kahn said he was co-operating with the inquiry but denied abusing his power, according to Reuters news agency.
It comes as the world grapples with the worst financial crisis for decades.
At this point there is probably a majority opinion that we should line all of the world’s bankers up against a wall and shoot them. This is definitely not the time to hear about misconduct of any kind that is connected to international banking in any way.
