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Europe Should Not Control the IMF

May 25, 2011

Dominique Strauss-Kahn, the French erstwhile managing director of the International Monetary Fund, had not even resigned before Europeans started to coalesce around Christine Lagarde, the French finance minister, as his successor.  Gone are past promises of an open selection. The Europeans insist on the principle that what we have we hold. The ancien régime survives.

Source: http://www.cnbc.com/id/43162889?__source=RSS*tag*&par=RSS
 
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