Posts Tagged ‘Dominique Strauss-Kahn’

Notes From Underground: Is Jim Bullard The Fed PIMP? Domique Strauss-Kahn Wants To Know

February 3, 2015

Today, the trial of former IMF Director Dominique ¬†Strauss-Kahn [DSK] began in Paris. The former IMF director is charged with “aggravated pimping in an organized group.” Well, if DSK is on trial for aggravated pimping, it seems that St.Louis Fed President James Bullard OUGHT to be indicted on a similar charge.

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Notes From Underground: DSK Spoke in Beijing and Now His Black Book Has Replaced Mao’s Redbook

December 19, 2011

Dominique Strauss-Kahn delivered a speech today in Beijing, lambasting the leadership of Europe for its “state of denial” about the severity of the credit crisis. It seems that an angry DSK is speaking his mind now that he has no official capacity and can lash out at European leaders. The former IMF managing director was well received by his Chinese hosts who showed their appreciation for all the work DSK did to elevate the status of the Chinese in the IMF.

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Notes From Underground: DSK HAS BAILED OUT THE PIIGS BUT CANNOT MAKE BAIL FOR HIMSELF (IRONY)

May 18, 2011

The main story in the financial world is still about the indiscretions of Dominique Strauss-Kahn. Many are making a great deal out of the fact that a major player in the European debt scene is now missing from the table. Yes, because of French domestic political considerations DSK has thrown himself into the Greece et. al. debt resolution scheme of which he is deemed a significant actor. Though, it’s highly doubtful that he is the only person with enough clout to bring the financial weight of the IMF to bear. Europe’s leaders will not allow this situation to further deteriorate because of one person being removed from negotiations for there is far too much at risk.

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Notes From Underground: Dominique Strauss-Kahn Arrested on Rape Charges AND FOR THE FIRST TIME IT’S NOT OF A COUNTRY

May 15, 2011

Today’s NOTE‘s headline wrote itself as the history of the IMF and its relationship to stressed emerging markets is replete with acts of “nation violation” in its efforts to ensure that creditors were/are always satisfied–most recent example is Greece. All levity aside, the accusations against DSK have important implications for FRENCH domestic politics as well as the role of the IMF in the current SOVEREIGN DEBT CRISIS plaguing the EU. Last week, the ASSISTANT MANAGING DIRECTOR of the IMF, John Lipsky, announced that he was leaving, thus the leadership of IMF is really¬† going to be in turmoil.

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