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."


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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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..

Clueless Economist's picture

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

Problem Is's picture

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

metastar's picture

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

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.

TheTmfreak's picture

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

trav7777's picture

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

LawsofPhysics's picture

Bullish for male prostitutes around the world!

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.

Two Towers AU AG's picture

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

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. 

hugovanderbubble's picture



she´s part of sarkozy ideology...


and France wont continue in IMF as leader.

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...

WALLST8MY8BALL's picture

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

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!

Dick Darlington's picture

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

Mountainview's picture

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

Bam_Man's picture

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

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

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...

Spartan's picture

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





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...

Apeman's picture

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

buzzsaw99's picture

Roman Catholic = zero hope.

Clueless Economist's picture

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

DonnieD's picture

G-Pap not available?

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...

Drag Racer's picture

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

lizzy36's picture

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

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.


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.

NotApplicable's picture

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

Cpl Hicks's picture

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

knukles's picture

Not a Vampire Squid alum.

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

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?

PulauHantu29's picture

Charlie Sheen still in the running?

Bubbles the cat's picture
Bubbles the cat (not verified) PulauHantu29 May 19, 2011 12:37 PM

Nah....too mainstream.

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?   

Refuge2012's picture

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

silberblick's picture

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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.


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.