Lagarde A Shoo In? Not So Fast...

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Thu, 05/19/2011 - 14:39 | 1292634 Rodent Freikorps
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Definition of SHOO-IN : one that is a certain and easy winner
Thu, 05/19/2011 - 15:00 | 1292769 falak pema
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Lagarde is US friendly , like Sarkozy...big card....

Thu, 05/19/2011 - 15:30 | 1292884 destiny
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Lagarde is serf of Sarkozy, an idiot and a stupid and patronizing liar...that from a French point of view !! 

Thu, 05/19/2011 - 14:40 | 1292637 Jason T
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I read over at LaRouche's website, the ECB is holding so much junk on its balance sheet that a Greece default would wipe it out.  Now, they are suggesting that there is big disagreement at the ECB and IMF and many bankers would have loved to see DSK go out like this..

Thu, 05/19/2011 - 14:41 | 1292642 bogey4
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or "shoo-in" whichever you prefer!

Thu, 05/19/2011 - 14:39 | 1292653 Rodent Freikorps
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ZH is international.

Some grace must be granted.

English is not rational.

But it is funny sometimes.

Thu, 05/19/2011 - 14:44 | 1292655 TruthInSunshine
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It's official: The world will end on the 21st.

Jimmy Jam Cramer just did a live CNBsC interview with Amanda 'TaTas' Drury, and called LinkedIn's IPO valuation 'ludicrous,' comparing it to

He says it's "outrageously overvalued and preposterous" and that it's the most ridiculous IPO since and CBS MarketWatch.


So, since he and I are in agreement...


Thu, 05/19/2011 - 14:52 | 1292699 NotApplicable
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Oh, fuck...

Thu, 05/19/2011 - 14:56 | 1292709 Arius
Arius's picture

that a sign of times...thats definetly Bullish!


Thu, 05/19/2011 - 18:18 | 1293629 dark pools of soros
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oh.. I thought he was going to say it was as bad as  and then laugh at all the old bagholders

Thu, 05/19/2011 - 14:43 | 1292671 ebworthen
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Smoke and mirrors?


? niaga yas uoy did tahW


Thu, 05/19/2011 - 14:46 | 1292678 equity_momo
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The cunt is dead long live the cunt.


Whoever heads the piece of shit that is the IMF its irrelevant.  

Thu, 05/19/2011 - 14:49 | 1292700 Atomizer
Atomizer's picture

Yep, this will haunt the IMF for years. Reminds me of the United Nations Oil-for-Food scam.


Thu, 05/19/2011 - 14:52 | 1292713 equity_momo
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No it wont.  The IMF exist to do the scumbags bidding that control the 600 trillion dollar deriv market.   Nothing haunts these fuckers apart from their own hubris and when that bubble bursts , we are all living in mudhuts (those of us not fortunate enough or with not enough foresight that is)

Thu, 05/19/2011 - 14:56 | 1292740 NotApplicable
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I was going to reply that we could only hope. But the marginal utility of Hopium is quite low these days, if not negative.

Thu, 05/19/2011 - 15:16 | 1292827 Rodent Freikorps
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That was Kofi's pay-off for not using the G word in Rwanda.

Thu, 05/19/2011 - 15:15 | 1292809 Rodent Freikorps
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This chick looks like Hillary's ugly brother.

I predict women will still be at risk of abuse.

Fri, 05/20/2011 - 08:04 | 1294962 falak pema
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hey Rodent, you're still wearing your steel heeled boots....

Thu, 05/19/2011 - 14:46 | 1292683 cougar_w
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Bah they are all dirty. The IMF will dither a bit about "the perfect fit" but really they are just waiting for the attention/heat to move on to the next international crisis. Then they'll appoint someone just as slimy as DSK.

The leadership has to be corrupt otherwise the rest of the organization doesn't know which way to jump.

Thu, 05/19/2011 - 14:48 | 1292692 RobotTrader
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Wonder what the "Fast Money" guys will be talking about after the close?

"Risk Off?"


Or the IMF??

Thu, 05/19/2011 - 15:01 | 1292760 Careless Whisper
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party... like it's...

but, as of 3 pm, it has a broken chart pattern. so it's red alert.



Thu, 05/19/2011 - 15:04 | 1292779 equity_momo
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Well my broker cant borrow the shares so i cant short it. Maybe it will take until t+3 to get that baby off.

Thu, 05/19/2011 - 15:47 | 1292953 Careless Whisper
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there's a certain time period that ipo's can't be shorted.

Thu, 05/19/2011 - 18:20 | 1293637 dark pools of soros
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it will be paraded around for a year and a half so they can push out all the others...  Pandora... Zillow..  Facebook...  


hide your 401ks!!!

Thu, 05/19/2011 - 14:49 | 1292695 GottaBKiddn
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Ultimately the IMF is a creation of the Banksters, and they will pick whom they will. It is highly unlikely that it will be anyone that has the well-being of mankind in mind. After all, it is all about the creation of debtors.



Thu, 05/19/2011 - 14:53 | 1292701 dracos_ghost
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It's mind boggling that International Banksters are so concerned over the integrity of its officials. At least superficially.

Bankster and integrity are mutually exclusive concepts. Get over it. Try and restore a modicum of confidence in the world markets instead of showing how amateurish these hacks are. I could care less as to whether it's a European, American, Chinese or Pogo Pogo national who runs the show. Stop the bleeding and get back to business already.

Jesus, you couldn't make this shit up.

Thu, 05/19/2011 - 14:54 | 1292728 NotApplicable
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Wait, now!

Pogo Pogo, well, that's a game-changer.

Thu, 05/19/2011 - 14:55 | 1292714 NotApplicable
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The drama is so thick that this charade almost seems real.

Banksters vs. Banksters: two wrongs don't make a right, but a fight.

A winner is me! (well, not really, but it's fun to pretend)

Thu, 05/19/2011 - 14:56 | 1292719 Careless Whisper
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who gonna take over for tony soprano, paulie walnuts or big pussy?


Thu, 05/19/2011 - 14:58 | 1292732 naiverealist
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I have recently read of a Goldman alum who is high up in the IMF, although I can't remember his name or find the reference (although it was in ZH's comments on a related story).  I'll put my odds on him.

Thu, 05/19/2011 - 14:58 | 1292735 Atch Logan
Atch Logan's picture

So who the fuck cares. The whole thing is a rigged game.

Thu, 05/19/2011 - 14:58 | 1292744 DrunkenMonkey
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Tapie (or Nanard as he is affectionately known in France) caused a lot of resentment because he was a 'socialist' minister and popular amongst ordinary people for his 'no-bull*hit' opinions.

He was 'relieved' of a profitable company by a disreputable bank and won the case to be compensated after being ripped-off by politically motivated shysters.

The butthurt whiners are all on the far-right anyway, so f*ck them.

Thu, 05/19/2011 - 15:00 | 1292748 rayban
rayban's picture

She'll get the job. A fait accompli. She's lived in the US long enough and she is very unlikely to rape another Sofitel maid.

Thu, 05/19/2011 - 15:00 | 1292767 lizzy36
lizzy36's picture

The best thing about CLL (other than being a women) is that she is NOT a trained economist. Haven't we had enough of those?

Thu, 05/19/2011 - 15:08 | 1292772 LMAO
LMAO's picture

Smoke and mirrors to pave the way for

Linda Green

Change we can believe in.

Unpractical to have these elitist with pretentious over the top names running the show. Let's go for something plain.



Thu, 05/19/2011 - 15:41 | 1292928 ReallySparky
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Perfect, she could sign the contracts and checks.

Thu, 05/19/2011 - 15:06 | 1292788 lizzy36
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Because the headline made me LOL:

WSJ: Berlusconi Backs France's Lagarde To Head IMF Italian Prime Minister Silvio Berlusconi on Thursday said French Finance Minister Christine Lagarde was the "optimal choice" to head the International Monetary Fund in the wake of Dominique Strauss-Kahn's resignation.
Thu, 05/19/2011 - 15:09 | 1292789 Crabshack
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It will be the Canadian dude.  A compromise all will live with; not US or Europe and not Emerging market.  The US will like it because they can push around softy if they need to.  BRIC will not consider it their first choice but will be the lessor of about 3 or 4 evils.



Thu, 05/19/2011 - 15:22 | 1292860 monopoly
monopoly's picture

Good call crab. I agree with that. But, not so sure they can be pushed around much anymore.

Thu, 05/19/2011 - 15:07 | 1292791 PulauHantu29
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Charlie Sheen says,"Not so fast...!"


Thu, 05/19/2011 - 15:18 | 1292813 GoinFawr
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Canada says they're in the running, as an 'emerging market' apparently that means Mark Carney is a candidate.

Or not

Thu, 05/19/2011 - 17:21 | 1292825 Miles Kendig
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I for one would just love seeing CLL work the American media.   Amazing, and not so that after a career like hers the final deciding factor in favor of CLL will be her capabilities with the media.  We are in an image age fo sho and few could match the total package CLL brings to the table at this time.  Besides, if she doesn't get the job we'll be forced to suffer JCT, JCJ & Nick all holding their breath like JCT & JCJ are doing with one other now.  CLL has the goods, knows the book and can put a proper face on things.  I'm sure France & China will reach an arrangement since they seldom fail to.

Thu, 05/19/2011 - 15:20 | 1292848 monopoly
monopoly's picture

And what difference will it make whoever is in charge of the IMF> Don't they still get the memos from our illustrious Geithner. Sickening.

You guys agree, this is one of the most boring market days in a while. Done nothing. Got lots of confetti readly to tear up. Zzzzz

Thu, 05/19/2011 - 15:30 | 1292886 monopoly
monopoly's picture

Lnkd now at 96 on its way to 25. What a waste. Kill the specs. 0

Thu, 05/19/2011 - 16:19 | 1293091 Hephasteus
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Somebody needed some easy money fast.

Thu, 05/19/2011 - 16:25 | 1293122 dracos_ghost
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As a Karate expert myself, I nominate Jimmy McMillan.

Thu, 05/19/2011 - 20:27 | 1293980 carbonmutant
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The IMF has done French. The world wants something else.

Fri, 05/20/2011 - 04:46 | 1294836 silberblick
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Click below to watch YouTube's Harisebon7777777 short videos. He 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. In fact, the videographer's life itself is in peril. Poignant.

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

Next, click below to read about the Orwellian steps taken by the Japanese government to hide from the foreign press (and its citizens) what is really going on in Fukushima:

Do NOT follow this link or you will be banned from the site!