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Handelsblatt Says Consensus Emerges For Christine Lagarde To Head IMF

Tyler Durden's picture




 

It may be time to adjust those IMF head odds. Handelsblatt has just reported that the female (and this apparently is key) finance minister of France is next in line to head the world's bailout efforts of all those insolvent countries, courtesy of the support of France, Germany and the US. Google translated: "The race to succeed the retired IMF chief Dominique Strauss-Kahn in Germany apparently omitted the designation of a candidate's own. Currently becoming apparent that the Federal Government the nomination of the French Finance Minister Christine Lagarde supports. Nothing has been decided, but it all comes down to the Frenchwoman. Dies erfuhr das Handelsblatt aus Berliner Koalitionskreisen. This Handelsblatt learned from Berlin coalition parties. The U.S. also argue for the Frenchwoman."

More:

Lagarde is regarded as outstanding in their field and as international experience. The Europeans have Lagarde, the expectation that it manages primarily as IMF boss € the crisis. Her appointment is still subject to the proviso that Lagarde is not charged because of the affair Tapie in France. According to Strauss-Kahn had the next head of the IMF to be free of legal complications, according to Berlin and Washington.

Lagarde is accused of abuse of office in Paris. She had saved a few years ago the ex-minister and businessman Bernard Tapie by appealing to a civil arbitration body a long legal battle with the French State. Since the state had lost but the procedure before the arbitration board and to enforce its claims against Tapie could not, Lagarde is kept favoring.

The favorite silent on their ambitions. When asked whether she could imagine a candidate, she responded on Thursday with a smile and a short "Vive l'Europe!" (Long live Europe). Previously, she had said in general: "Any candidate who even may be, it will have to come from the Europeans. "They must unite."

French Minister Lagarde had described as "very good candidate." It would however be difficult for France to occupy the post again in French, "said Thierry Mariani. "Not only France's dream to make the IFW director."

Lagarde's compatriot Strauss-Kahn had announced his resignation. He is sitting in New York in jail. He is accused of attempted rape.

The only wildcard is how China will feel about this "European" nomination after its central bank made noises earlier obviously pushing for a non-European (Chinese?) IMF candidate.

 

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Thu, 05/19/2011 - 11:10 | 1291502 simon says
simon says's picture

Let's ignore the Chinese one more time.  I'm sure they'll finally get the message and with true Asian humility, go away..

Thu, 05/19/2011 - 11:13 | 1291524 Clueless Economist
Clueless Economist's picture

I seen photos of Christine Lagarde, and that is no Sheila, that is a guy

Thu, 05/19/2011 - 11:16 | 1291533 Problem Is
Problem Is's picture

Oh... the SEC will have new hot Christine Lagarde look alike porn to download???

Thu, 05/19/2011 - 11:39 | 1291656 knukles
knukles's picture

Oh, that's just wrong.

Thu, 05/19/2011 - 16:13 | 1293079 metastar
metastar's picture

She may or may not do porn, but she will certainly f*ck the world real good.

Thu, 05/19/2011 - 13:29 | 1292314 Steaming_Wookie_Doo
Steaming_Wookie_Doo's picture

You have to be into wizened old chickens to get off on that dame. Plus she's part of the same old elite as usual.

Thu, 05/19/2011 - 11:19 | 1291540 NotApplicable
NotApplicable's picture

GAH!

I stand corrected.

Thu, 05/19/2011 - 11:20 | 1291545 TheTmfreak
TheTmfreak's picture

After looking up photos of this woman, I dread the fact I can't unsee those photos.

Thu, 05/19/2011 - 11:48 | 1291715 trav7777
trav7777's picture

yes, let's let the Chinese institutionalize pro-China mercantilism and IP theft

Thu, 05/19/2011 - 11:13 | 1291509 LawsofPhysics
LawsofPhysics's picture

Bullish for male prostitutes around the world!

Thu, 05/19/2011 - 11:23 | 1291578 YHC-FTSE
YHC-FTSE's picture

:)

As far as the press is concerned about her private life, she actually seems quite normal (For a French gal). I doubt the Chinese will kick up a fuss - they don't even have a candidate in the running anyway. If she becomes MD, and if she re-evaluates the SDR before 2015, I'd have to change a lot of preconceptions about her being Sarcozy's bitch.

Thu, 05/19/2011 - 11:30 | 1291607 Two Towers AU AG
Two Towers AU AG's picture

Yes, Yes,,,,, But does she like silver????

Thu, 05/19/2011 - 11:44 | 1291664 knukles
knukles's picture

Is it shiny?  Duh....

Thu, 05/19/2011 - 11:42 | 1291674 YHC-FTSE
YHC-FTSE's picture

Sorry, no idea about her personal finances. But pure conjecture: I think she's a company gal - she likes whatever she is told to like, which in the present means she doesn't like silver. 

Thu, 05/19/2011 - 11:14 | 1291514 hugovanderbubble
hugovanderbubble's picture

Impossible

 

she´s part of sarkozy ideology...

 

and France wont continue in IMF as leader.

Thu, 05/19/2011 - 11:14 | 1291527 Problem Is
Problem Is's picture

" The U.S. also argue for the Frenchwoman."

Wanker Timmay Jeethner will back the Frenchwoman only if she agrees to shave her armpits...

Makes him feel slightly less hairless...

Thu, 05/19/2011 - 11:21 | 1291553 WALLST8MY8BALL
WALLST8MY8BALL's picture

That maybe the only time Timmah wants to see a "Hair cut"

Thu, 05/19/2011 - 11:44 | 1291530 NotApplicable
NotApplicable's picture

So does this,

Lagarde is regarded as outstanding in their field and as international experience.

 

 

equal this?

Lagarde is accused of abuse of office in Paris.

If so, I'd say she's been thoroughly vetted and is well "under control." All in all, the perfect candidate, sans penis (edit: well, maybe) and everything!

Thu, 05/19/2011 - 11:19 | 1291537 Dick Darlington
Dick Darlington's picture

Ah, yet another frenchie to continue the false euro hegemony and treating the colonialist traumas.

Thu, 05/19/2011 - 14:35 | 1292615 Mountainview
Mountainview's picture

Exactely, she represents the typical French "Grande Nation" view. Everything is fine aslong as it is in the interest of France.

Thu, 05/19/2011 - 11:16 | 1291538 Bam_Man
Bam_Man's picture

She walk-a-like a woman but talk-a-like a man.

Thu, 05/19/2011 - 11:20 | 1291548 hugovanderbubble
hugovanderbubble's picture

Why not Ron Paul?

Thu, 05/19/2011 - 19:56 | 1293901 baby_BLYTHE
baby_BLYTHE's picture

Ron Paul wants nothing to do with the IMF and once even used the "F-word" FASCISM in congressional testimony in reference

Thu, 05/19/2011 - 11:26 | 1291560 Arius
Arius's picture

the chinese will most probably accelerate their selling of paper...while they still can...natural reaction...

in public (officially) they will save their face, smile and shake their heads in approval...

Thu, 05/19/2011 - 11:22 | 1291572 Spartan
Spartan's picture

I would rather have her at the IMF than Gordan Brown.....

 

http://www.thedailyshow.com/watch/mon-april-27-2009/christine-lagarde

 

 

Thu, 05/19/2011 - 11:27 | 1291597 Arius
Arius's picture

hahhaahh...Gordon B first act would have been to sell whatever gold IMF still have....hey, thats a great price...if someone sold it all at 250$ would he might do if he got an inheritance when the price is 1500$ ? easily predictable...after all as Buffet says has no use...you cant eat it...

Thu, 05/19/2011 - 11:47 | 1291689 Apeman
Apeman's picture

+1 Everyone here ripping on her, but I kinda like her... for now... . Time will tell I guess.

Thu, 05/19/2011 - 11:24 | 1291582 buzzsaw99
buzzsaw99's picture

Roman Catholic = zero hope.

Thu, 05/19/2011 - 11:26 | 1291591 the not so migh...
the not so mighty maximiza's picture

yuck

Thu, 05/19/2011 - 11:29 | 1291604 Clueless Economist
Clueless Economist's picture

Oh my god...those photos are burned into my memory.......ARGHHHHH...

Thu, 05/19/2011 - 11:31 | 1291611 DonnieD
DonnieD's picture

G-Pap not available?

Thu, 05/19/2011 - 11:32 | 1291618 brunolem
brunolem's picture

Pity the PIIGS!
Lagarde is an integrist who recently said that haircuts were unthinkable.
Talking about haircuts, she and Sarkozy probably share the same hairdresser...

Thu, 05/19/2011 - 11:33 | 1291622 Hunch Trader
Hunch Trader's picture

Christine sends her regards to the chinese:

http://cache.dealbreaker.com/uploads/2011/03/christine-lagarde.jpg

 

Thu, 05/19/2011 - 11:39 | 1291632 Drag Racer
Drag Racer's picture

ya, give the woman the credit card, this will end well...

Thu, 05/19/2011 - 13:44 | 1292375 lizzy36
lizzy36's picture

Yeah, because the men have done such a good job with the credit card to date.

Thu, 05/19/2011 - 11:44 | 1291642 ebworthen
ebworthen's picture

 

John Lipsky interim chief of IMF for now - CNBC had him talking then pulled it - their producers are doing way too much cocaine.

 

Thu, 05/19/2011 - 11:38 | 1291643 citrine
citrine's picture

Chrisrine Lagarde has been very vocal during the crisis, and clearly is the best candicate to lead IMF given the situation in Eurozone. Axel Weber would be another great candidate.

Thu, 05/19/2011 - 11:49 | 1291706 NotApplicable
NotApplicable's picture

How can there be such a thing as a "great candidate" for an institution that should not even exist?

Thu, 05/19/2011 - 12:02 | 1291780 Cpl Hicks
Cpl Hicks's picture

Several come to mind...Santa Claus, the Tooth Fairy....how about John Edwards?

Thu, 05/19/2011 - 11:47 | 1291686 knukles
knukles's picture

Not a Vampire Squid alum.

Thu, 05/19/2011 - 11:50 | 1291701 carbonmutant
carbonmutant's picture

Merkel wants Axel Weber to head the IMF...

And since the Germans are propping up the EU she may have the leverage

Thu, 05/19/2011 - 12:18 | 1291894 Eireann go Brach
Eireann go Brach's picture

She is a really a man, and she is French, her armpits stink, and she will probably attack a male cook at the Hotel Sofitel very soon, so that will be strike two for the French fucks that head the IMF! people will never learn will they?

Thu, 05/19/2011 - 12:26 | 1291914 PulauHantu29
PulauHantu29's picture

Charlie Sheen still in the running?

Thu, 05/19/2011 - 12:37 | 1291973 Bubbles the cat (not verified)
Bubbles the cat's picture

Nah....too mainstream.

Thu, 05/19/2011 - 12:39 | 1292003 JR
JR's picture


Fifty years ago, the American Left identified the “crazies” as those sponsors of highway billboard signs reading “Get Us Out of the UN.”  A far better billboard message these days for all Americans would be “Get Us Out of the IMF.”

It is bad enough that American citizens had representative government stolen from them by the globalist lobbyists and the investment bank tyrants. But, now, the entire American dream – with its jobs, patents, manufacturing - is being moved to an unelected hoodlum group soon to control the world’s currency and resources.

Americans’ wealth is being redistributed to primarily “emerging” Marxists countries where the peoples are being enslaved by the IMF/World Bank for the profits of the financial power elite and multinational corporations.  Not happening you say.  How about this:

The unflinching support that the Bank and the IMF give to multinational corporations against the wishes of third world governments is another reason why poverty is still rampant in Africa and elsewhere. For example, in 1998 the Pakistani anti-corruption agency investigated over 20 Western companies for paying kickbacks to Benazir Bhutto's government for public contracts to provide electricity. Six of the companies later confessed to offering bribes. Instead of receiving support from Britain, France, the US, IMF, World Bank and other Western governments they were told to quash the investigation on the grounds that investors would shy away from Pakistan. The IMF even made a package of loans conditional on the government dropping the charges against the companies involved... In the end Pakistan had no choice but to stop the investigations.

“It is on record that about 45% of all World Bank project contracts go to multinationals in the US, Germany and Britain why? Why not companies in these poor countries where the projects take place and who finally end up paying for the projects? – Lord Aikins Adusei - IMF and World Bank: Agents of Poverty or Partners of Development?   

Thu, 05/19/2011 - 12:55 | 1292072 Refuge2012
Refuge2012's picture

Now that's playing it safe!  place of refuge 2012 dot com

Thu, 05/19/2011 - 13:10 | 1292195 silberblick
silberblick's picture

YouTube's Harisebon7777777 should be commended for his work on measuring the radiation levels in Tokyo. The device he uses costs about $1000, which I am sure he has paid out of his own pocket to provide us with the truth of what is really going on in Japan.

It is eerie to watch his videos. Typically, his hand is shown holding a geiger counter in some public place with people walking all around him as if there was nothing of importance going on; while all along, the geiger counter in his hand reveals what is really happening. Harisebon is documenting the slow irradiation of the Japanese archipelago. A visual unfolding of a tragedy.

While watching these videos. it is hard not to wonder how many of the folks one sees walking down the street will come down with cancer in 10, 20 or 30 years.

Go to Harisebon's YouTube channel and give him a shout-out. He deserves it.

http://fukushimadisaster.blogspot.com/2011/05/radiation-harajiku-omotesa...

Thu, 05/19/2011 - 14:24 | 1292557 Jack Sheet
Jack Sheet's picture

Lagarde is, in sooth, uglier than a hatful of assholes. Let her and Merkel appear holding hands and you could reverse 100 cases of incurable male sex mania simultaneously.

The Handelsblatt article goes on to say that she is emerging as the European consensus candidate - supported even by ANDERS BORG finance minister of Sweden - but may not achieve worldwide support because France has already occupied the IMF chair 4 times. Turkey, China, Brazil, Mexico & Japan are making opposing noises but without putting forward their own candidates.

It looks like an aggressive waiting stance is being adopted.

 

 

 

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