Another Woman Steps Up: Former Employee Sent Letter To IMF, Warning Organization About DSK Following Her Own Affair

Tyler Durden's picture

And so another woman appears on the DSK scene, so far unnamed. As AP reports, "An employee who had a brief affair with IMF chief Dominique Strauss-Kahn warned the organization about his behavior toward women in a letter sent three years ago." And no, this is no the Hungarian Piroska Nagy who almost caused the downfall of DSK if only the bailout crew had had enough brains to do a little more to the "head" than censure him. But it appears that the two are close: "The person who confirmed the existence of
the letter is close to the former International Monetary Fund employee,
Hungarian-born economist Piroska Nagy. The person declined to be
identified, citing the sensitivity of the matter." As a reminder the so far only known major transgression of DSK, Nagy, had worked at the IMF for decades, and left the organization after the affair with Strauss-Kahn in 2008. An IMF-funded investigation into the affair cleared Strauss-Kahn of wrongdoing but criticized his judgment. If it now turns out that the IMF had been officially warned about DSK, yet completely ignored the charges, we may have another public humiliation ala the SEC and Bernie Madoff, which ultimately will strip the organization of even more "bailout" and dollar-alternative power. Which begs the question: just how far will the powers that be go to make sure the SDR concept is now and forever killed as a USD-replacement currency?

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Dolar in a vortex's picture

DSK needs Bill Clinton as his lawyer, Slick Willie can show him how charges like this can go away and turn into a $5M per year annuity.

Bill did get his law license back, right?

pan-the-ist's picture

So, Clinton was accused of rape?  This is news to me.  Please provide some details.

Windemup's picture

So, DSK has replaced Julian Assange as the hustler of the month.

Sheikh Djibouti's picture

Apparently Strauss-Kahn is already negotiating collateralized cigarette obligations.

For all the French speakers:

Jack Sheet's picture

So the scene in "Rounders" was true where Edward Norton was cardsharping cigarettes as currency in the slammer ! (wasn't Rikers Island though)

Sheikh Djibouti's picture

Just like young man coming in for quickie.

Love that movie ... !

alien-IQ's picture

Does this mean we'll now be invading France to liberate women from sexual predators?

I would not be even slightly surprised....

Alex Kintner's picture

What indicates that the unidentified person is a woman? Whoever it is has a sore butt, fer sure.

Joebloinvestor's picture

I wonder if her mother "shielded her" also.

Speaks volumes for the way French women are so concerned about their daughters, as long as it doesn't threaten their position or future.


RobotTrader's picture

All the myriad number of anxious hedge fund traders trying to "make their year" (after falling behind much of the 1st half) could care less about DSK.

The only things they are paying attention to today are:

- Did the NYA put in a "nipple bottom"?

- Is it time to buy GOOG?

- Is "The Fix In" on the banks, effective today?

- Will we have "Risk On" back tomorrow?

- Is the IYR about ready to do another moonshot due to ZIRP?

- Which Dow stocks are going to break out to new highs next?


francis_sawyer's picture

Perhaps you ought to spend your time commiserating with the 'hedge fund traders' rather than trolling here...

You see... For ME... I 'could care less' about the IYR...

redarrow's picture

Why no more scantily clad eye candy robo?

Atch Logan's picture

Hell hath no fury like a woman scorned.  And France's "President" is/now was in deep trouble.  Sorry, but tramps who sleep with some guy with the hope of advancement, and then don't get it, will do/say anything for money.

Funny, but the one important guy who thinks a gold standard should be re-instituted is being brought down by a bunch of cheap cunts.

Newsboy's picture

Maybe by the end of this it will just be safer for him to stay in the US.

Muir's picture

"just how far will the powers that be go to make sure the SDR concept is now and forever killed as a USD-replacement currency?"

So... not bullish for silver?


treemagnet's picture

Wonder how frenchy's gonna do in gladiator camp.  Me thinks those boys don't care about STDs and other trivial matters - he's gonna be passed around D block like a party favor, if the opportunity arises (pun).

caconhma's picture

I like these socialists, equality and justice loving people, living in multi-zillions dollar houses and staying in $3,000+ per night hotel rooms.

Shit, these people are really utterly sick and dangerous. It is about time to bring back a guillotine, and not only in France but in the USA as well.

sgorem's picture

i agree 'caconhma. that $3000.00 dollar a night hotel room probably came out of whatever taxes YOU paid last year because of the U$A's charitable donation to the IMF. just thought it might help for you to know. 

Transformer's picture

Socialist?  Not quite.  I think the word you're searching for is Fascist.

6 String's picture

Okay, totally OT so just ignore:

I agree with her. Silver is going to consolidate somewhere between 39-35 for months. Possibly at this point on the lower end as no QE transpires for awhile.

Then, it'll only be off the the races again. Yep, 2010 all over again.


francis_sawyer's picture

Thanks for that link...

Francis Sawyer <3's Louise Yamada

tekhneek's picture

Word of the year for 2011 - "Manwhore"

Money or no money, that mother fucker got around.

Rainman's picture

...make it "menwhore"....all guys get funny about pussy and money.....either/or is all they think about til death.

Long-John-Silver's picture

WTF is wrong with the Americans thinking they can arrest and put on trial one of the Worlds elite leaders? Everyone should know the Elite are above the laws for Peons. Release him now or suffer the consequences of your Gods on earth.

hedgeless_horseman's picture

Sodomy by a banker is illlegal in NY?

Selective enforcement, bitchezzz!!!!

Ancona's picture

What a piece of shit this guy [apparently] is. Although we will see what his high dollar lawyers are able to convince a judge and jury of, it looks bad.

I hope he knows he has to sleep with his butt against the wall, and beware inmates bearing "free" cigarettes.

sgorem's picture

you should never use the words "high DOLLAR, lawyers, judges, or jury" in the same sentence, people might come to the conclusion that one, or all of these entities could , (gulp), be bought off!?

glenlloyd's picture

Oh how the mighty have fallen

TruthInSunshine's picture

While DSK seems like a real piece of shit, not because he likes women, but because he heads the IMF (part of the 'outfit'), nothing would surprise me anymore.

I am saying that if he was set up by his opponents in France or anywhere else, for political reasons or reasons having to do with money (or power, more likely), it wouldn't surprise me in the least.

What a sad state of affairs the global big swinging dicks have created when so many plebes lose absolute confidence in the Matrix, huh?

I wonder what happens when people not only become aware of the Matrix, but choose to break free of it and rip those electrode implants out of the backs of their heads.

If too many people do this, the Global Beast will get very hungry, then angry, and who knows...spectacular events may ensue.

NotApplicable's picture

What happens if the people break free?

TPTB will unleash Hell on Earth, as there will be no reason to sugar coat anything for any longer. And they will do it in a fashion as to cast blame upon the free (who have undermined their ability to properly govern).

Tunga's picture

TPTB will unleash Hell on Earth -NA


Tunga is shaking in his Berkenstocks. 

Tunga's picture

The repetition of uncommon report. Excuse please. 

Silvarouvres's picture

"I am saying that if he was set up by his opponents in France or anywhere else, for political reasons or reasons having to do with money (or power, more likely), it wouldn't surprise me in the least."

I am not buying he's being framed as such. But I'm sure that the powers behind the curtain took notice of his aberration, and shelved it for future use. Just in case he went off the desired path. Just like he/the IMF did in Ireland:

"The IMF, which believes that lenders should pay for their stupidity before it has to reach into its pocket, presented the Irish with a plan to haircut €30 billion of unguaranteed bonds by two-thirds on average. Lenihan was overjoyed, according to a source who was there, telling the IMF team: “You are Ireland’s salvation.”

The deal was torpedoed from an unexpected direction. At a conference call with the G7 finance ministers, the haircut was vetoed by US treasury secretary Timothy Geithner who, as his payment of $13 billion from government-owned AIG to Goldman Sachs showed, believes that bankers take priority over taxpayers. The only one to speak up for the Irish was UK chancellor George Osborne, but Geithner, as always, got his way."

We might never know what he was going to propose the very next day to Frau Merkel, but if this would go against the intentions of the Fed/ECB/GS, his inclination to violent seduction was just the remote kill switch they needed. Maybe Spitzer fell prey to the same concept. Maybe you don't even get to rise to positions like this unless they have a card like this up their sleeve

Bam_Man's picture


The "system" now selects for sociopathy for the very reason you implied.

silvertrain's picture

This is a big blow to the imf..

DiveGerl's picture

Yep...I was just waiting for this!

silvertrain's picture

The IMF is the 2nd largest holder of Gold reserves...Just saying..

DoChenRollingBearing's picture

Third, World Gold Council (May 2011) via zerohedge just a few days ago:

USA         8133 tonnes

Germany   3401

IMF          2814

silvertrain's picture

Alot of Germany Gold is in New York for safe keeping...

Rynak's picture

They may need to work on the "safe" part of this.

Life of Illusion's picture

just how far will the powers that be go to make sure the SDR concept is now and forever killed as a USD-replacement currency?

Ha, my first though and post!

Granted access to resources will be more attractive than SDR’s. That is if you are politically correct.


Spalding_Smailes's picture

It's been a few weeks ....

Has anyone seen T. " David Koresh " Mosley that goof' or any of the other doomers that belong to the Seventh-Day Adventist Pepperoni Bunker Sect .... ?

He told me we would never see Silver below $35.00 again as the bubble reached $48.00 and change .... Lol'


Silver History • 

1900 - $0.80

1910 - $0.70

1920 - $1.70

1930 - $0.50

1940 - $0.42

1950 - $0.90

1960 - $1.00

1970 - $2.00

1980 - $48.00 ( Two months later below $10.00 )

1990 - $6.00

2000 - $5.00

2003 - $5.00

2006 - $8.50

2009 - $12.00

2010 - $18.00

Mozilo reached out to borrowers as part of a "little experiment" to understand the reasoning behind making only minimum payments on so-called pay-option loans, a practice that boosts the total amount due, the 67-year-old CEO told investors Wednesday in New York.

"What we're finding out is that they're pretty smart," Mozilo said. "It's like voters: Individually they're sort of idiots, but collectively they seem to make the right decisions."

"CEO Makes Call on Pay-Option Loans: It's Risky", from Bloomberg News.


I'm so mad at my neighbor. I bought my new home here in Ashburn last summer and plan to sell it next year (after holding two years to avoid taxes) to make a nice return on my investment. The problem is my neighbor is trying to sell his house (very similar to mine) right now and he keeps lowering his asking price. Each time he lowers his price, I see my potential profits next year getting squashed. Doesn't he realize he's hurting the comps for all of his neighbors by doing this? I don't think he is acting very "neighborly" by doing this. I want to say something to him and tell him he should stop putting his interests ahead of his neighbors. It's people like him who are ruining the market for the rest of us. If he would just refuse to lower his price, we could maintain our comps and everyone would benefit. What can I do to stop him?

Question during a real estate chat held by the Washington Post.


Spalding_Smailes's picture

Its like a ghost town now .... All the big mouth doomers™ with nothing to say lol' .....

Have the da bears released a new silver to da moon video yet .... ????


Profit lost

Not 5%, not 10%, not 20%, not 30% not .... Lol

Turd ?..... Tuuurd .... ??? Ohhhhhh tuuuuuuuuuurdddddd ..... Lol'