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The DSKing Of Christine Lagarde: Someone Wants To Eliminate The Head Of The IMF
It was over a year ago when we reported that a French court has put Christine Lagarde, head of the International Monetary Fund, under a formal probe for negligence in a corruption investigation involving famous financier Bernard Tapie, dating back to her days as finance minister.
Back then Lagarde said the decision was "without basis," adding she would challenge it with a higher court. The investigation is part of a complex, drawn-out probe into the alleged misuse of state funds. The case stems from a decision in the 2008 to use arbitration to settle a dispute with business tycoon Bernard Tapie. The arbitration panel awarded €420 million to Mr. Tapie.
"The magistrates of the court of justice of the Republic have decided to place me under formal investigation," Ms. Lagarde said in statement in August of 2014. "After three years of procedure, the sole surviving allegation is that through inadvertence or inattention I may have failed to intervene to block the arbitration that brought to an end the longstanding Tapie litigation," she added.
We said that this development was hardly a shock: after two years ago the news hit that "IMF's Lagarde Flat Raided Over French 'Payout' Probe" with her ascent to the head of the IMF also riddled with numerous allegations of impropriety involving the Tapie matter. However, a year ago, such outside interventions were below the radar, and certainly never escalated to anything formal or official.
We left it by wondering who and why had been angered by her policies over the past three years, and who could be her replacement, confident her days as IMF head were over: "as for Lagarde, we are confident she and Angelo Mozillo will have enough fake tanning tips to exchange during their long and worry-free retirement."
Then, in a surprise to us, the Lagarde scandal did what it has done so well for the past 4 years: it went dormant again... until earlier today when in a surprising escalation, and one which is as financially motivated as it is political, a French court ordered the orange-skinned IMF head to finally face trial over her alleged role in the Tapie payout scandal.
Reuters reports that the case, which has roots dating back more than 20 years, will be heard by magistrates at the Cour de Justice de la Republique, which judges ministers for crimes in office, France's prosecutor general said.
Lagarde, who is accused of alleged negligence over the Tapie affair while serving as France's finance minister, said she would appeal against the decision, adding that she shared the prosecutors' view there was no basis for any charge against her.
"Ms. Lagarde would like to reaffirm that she acted in the best interest of the French state and in full compliance with the law," said a statement issued by her office.
But what is most unexpected about this outcome is that France's top prosecutor had recommended in September that investigations against Lagarde in the case be dropped.
Her lawyer, Yves Repiquet, was stunned: "A decision like this is incomprehensible."
"I sent her a text, she was really surprised and very disappointed," he said, adding that his client was currently in Washington. Well, yes: who wouldn't be surprised to learn they are not above the law.
The IMF's executive board reaffirmed its confidence in Lagarde's ability to effectively carry out her duties, IMF Communications Director Gerry Rice said in a statement.
Nonetheless, the fact that Lagarde is now going to trial despite the top prosecutor demanding that her trial be thrown out, shows that this is now a financial matter, one which very likely involves the IMF's desire to see Greek debt haircuts, something which made Lagarde and company many enemies over the summer when it was the IMF's policy recomomendations themselves which pushed the Greek anti-austerity movement over the edge and led to the ill-fated Greek referendum (everyone knows what happened then).
And while Europe may desperate want to give the impression it has moved in, it certainly has not forgotten, and now an unknown someone in the dark corridors of Brussels, or perhaps the C-suites of Wall Streets, is demaning a new and clean slate at the top of the world's sovereign debt guarantor, one who has a more "pro-Brussels/anti-debt reduction" philosophy than Lagarde.
Of course, this wouldn't be the first time that an IMF head has been "sacrificed" for the greater good: recall the impressive framing of Lagarde's predecessor Dominique Strauss-Khan, who from frontrunning French presidential candidate, suffered a political and career trainwreck overnight when he allegedly raped a maid at a NYC hotel.
As for Lagarde, we are confident that after a kangaroo court lasting at least several weeks, she herself will submit her resignation, and while the ending may not be literally taken from "Kill Bill" despite the eerie similarities...
... her career at the IMF has entered its terminal countdown.
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Dude looks like a lady.
which one?
She, on behalf of the Bilderberg Group, is pushing too hard for the IMF reform. Just like DSK did.
Will she get caught raping a black woman in a NY hotel as well? The spooks always use the same playbook. ;-)
Looney
"Why do you call me Grasshopper?"
"Because you are ugly... like an insect".
some kind of revenge tactic for allowing China into the IMF???
Grasshopper.. the wise master of the tanning booth says
she’ll will be convicted..
of impersonating leather saddlebag.
Swimming costume Chrissy?
Go the way Dave went, choke yourself out with King Cong on full blast!
People are starting to wake up to these games and the wheels of this ill-fated train are quickly coming off. A cloud of Black Swans is right above our heads.
Shit will end in total disaster and chaos.
Film at 6:00 you fucking savages!!!
Ms. Lagarde might want to refrain from being around hotel maids without several witnesses in the room
Ding-Dong ! The witch is dead !
LOL.
That's not the head of the IMF, you idiot, that's my luggage!
Those 2 images aren't similar at all. Dude on the left is in pin stripes, dude on the right is not.
What do I win?
Maybe she will hang herself like the Grasshopper.
One can dream.
Kung Fu - The Nature of Evilhttps://www.youtube.com/watch?v=HAs_GH4y_94&html5=1
That was my first thought, too. Adding RMB to the SDR probably made some big hitters a bit angry.
Considering that she was in all likelihood up to her eyeballs in the removal of the last IMF president, one can only assume this is a rather normal, in the Roman way, method of office change. E tu, Brutus?
My sentients exactly.
You don't get to be head of IMF without sacrificing a few proverbial virgins.
The Weeping Cheetess probably has a position awaiting her at Sachs O' Gold, Man!
Lots of people want the IMF eliminated, period.
Take a number, and stand in line for the celebration when those cancers of society go down in flames, from Paris to the Thames.
I think the two individuals pictured are sisters. Or, brothers. Or something.
Roll out the guillotines.
Bill would slice you in half for such a remark.
They look like brothers!
This is before and after. Reverse.
It's actually David Carradine
Disted from a wrinkled faced long scragky haired dudette.
Lady looks like a dude.
How do you say nail gun in french
"court circuit au salon de bronzage"
@. . . _ _ _ . . .
Non c'est seulement la "surchauffe monétaire" ...
That's a man, baby
Kinda what happens when you push for IMF Reforms that were delayed for 5 years.. Next day you get put on the choppin block
And to be replaced by an ex Goddam Sucker
"Payback" for letting the chinese into the SDR
Too much negativity out of the old hag ... she had to go.....made an example for yellen
"Someone Wants To Eliminate The Head Of The IMF"
Sheeaaattt! Isn't that, like, everyone on Planet Earth?!
Ol puti put loves the witch
I bet she cast a love spell on the diminutive lawyer kgb slimeball.
Too bad he is a homo.
http://youtu.be/uf3bwEF1UTE
right is the woman
left is the ... i dont know what that is
Why do you think they employed her to begin with...she knows how to operate, nudge wink; everyone is corruptible, but not everyone is a diplomat.
She sure as hell ain't Beatrix Kiddo, or the Black Mamba with a Satori Hanso sword, eh.
That's what you get when you insult the king's Dog .... Oh, wrong post.
All the questions about who? and why? will be a lot easier to answer when we see who her successor is.
Which of the above is Lagarde?
The orangiest one.
Finally Hermes will be able to release the limited "Lagarde" leatherware line.
I want a purse from her neck wattle.
Looks just like Bart (Nothing-Wrong-Here) Chilton.
So David Carradine had a sex change and changed his name to Christine. What's the big deal?
she couldn't keep her yap shut about anything
bound to make enemies like that
So, Karen Hudes is correct? They are cleaning up the corruption?
Or is this just another head-fake to be followed by a sudden world-impacting disaster?
Hudes was the head-fake.
The face of socialism.......What a nightmare.......
Luckily for TPTB, there's an infinite number of other Useful Idiots to take her place.
What's important here to remember, is that the faster the turnover, the lesser the accountability of anyone in the office.
"I'm a fool to do your dirty work. Oh, yeah."
Her usefulness quotient was remaindered to zero...
So, which guy is this LeGarde?
You know, she's the one all the international bankers go ga-ga for. Poor ol' Janet just sits there like she shit herself while all the sausage festers make bad piggy bank jokes. Thank god i'm not a sexstarved international bank head.
good news, Sunkist Oranges may have a new spokes person.....stay tuned.
She'll be promoted out.
She pissed in someone "Wheaties"; she has been outspoken and remember she went public in June, July & September and warned the FED not to raise rates. Then again who knows; except that there is no honor among thieves; praise the Lord.
BTW - Merkel will be next on the chopping block and maybe even Old Yeller. Off with all their heads; where is that Brit Jihadi John?
I would suggest that looking like David she should stay away from 5 star hotels in Bankok even if accompanied by DSK. That and sell that nail gun of hers ASAP.
isudas
Ahh poor David. Kung Fu, Kill Bill but they will always end up describing him as the guy who died rubbing one out while hanging himself in a hotel closet in Thailand. FFS - not like they won't accommodate any weird shit you're into in that place.
Another European elitist politician turns out to be crooked.
Next on "not really news", experts will explain that humans breath air
Blame it on Putin
The photo is a good example of Why we don't Clone.
Just over-aged banker trash.
The Banking Gangsters are all criminals.
DSK was framed?? What is this, Socialist International? No one worked harder at screwing himself (and many others along the way) than DSK.
True, but under normal circumstances someone of his power floats away from such transgressions.
LeGardes face looks like a leather handbag. Jeezus
The wrecker of nations has a face and it's leatherface.
She is a numerology fan. Need to pay close attention if you want to make any sense of this very weird presentation she gave
http://truthstreammedia.com/2014/07/04/is-imf-chief-christine-lagarde-de...
Except that the date came and went without anything happening.
A sex change that went bad.
. . .for RICHARD BRANSON.
Writer needs to learn to proofread. So many grammatical and spelling errors I almost quit reading.
REALLY, Tylers. If you're going to print articles written by foreigners word-for-word, that's no excuse for not tidying them up to journalistic standards.
"Ms. Lagarde said in statement . . ."
Ms Lagarde said in a statement. Please.
"while Europe may desperate want to give the impression it has moved in, it certainly has not forgotten, and now an unknown someone in the dark corridors of Brussels, or perhaps the C-suites of Wall Streets, is demaning . . ."
"While Europe may desperately want to give the impression that it has moved on, it certainly has not forgotten (; or .) And now an unknown someone in the dark corridors of Brussels, or perhaps the C-suites of Wall Street is demanding . . ."
Grammar, syntax, and spelling all work together to make writing coherent and comprehensible. Please recognize this fact and PROOFREAD.
Yes. I was also struck by "We left it by wondering who and why had been angered". Terrible writing.
Interesting timing relative to Ukraine debt to Russia.
The IMF also said that the other day the Ukraine's debt to Russia is sovereign, not commercial. So, conflicting news here.
I don't remember her wanting to cancel any Greek debt. The resigned Greek Finance Minister said that when they went to meet with the IMF to discuss options, they found out that the IMF wasn't interested in their ideas. It was do as we say and get out. Maybe I didn't keep up with that saga enough.
No no, she insisted on debt reconstruction and forgiveness. They have not forgiven her for that in Brussels and Frankfurt.
Also factoring in was a cut in military budget - the Greek plan. IMF stated they had to turn to austerity measures rather than cut military spending. Which is rather odd. If I recall correctly.
You're right. They wanted that. Odd.
"Kill Bill"
Hah ha
rofl
Mabbe she can find an acting job in hollywood
--------
I dont know why sympathy is springs up
though she hardly deserves it
It is possible that west wants to dispose her
in favor of some more evil character
The real issue one must understand is that demanding an arbitration is an anglo-saxon way of acting, not a french way of acting. She did that because she works in an american style. By doing this, she acted above french high administration and justice, something that cannot be excused by them. This was a very silly move of her. She is therefore considered a criminal by french high administration and justice has she acted in a way that try to diminish their powers. In the french way of acting, the french administration never pay and never admit its guilt. It goes in justice until the last possible of recourse even if there is no way to win. In the end, it usually cost much and creates great prejudic to people wainting tens of yeras for reparation. It is just a question of power. One shall not recognize its guilt because it would mean the administration is not perfect. This pride has no price when you don't pay it but leave the bill for the taxpayers.
The better part in that is that one of french current ministers (Fabius) had never been condemned in the past for the famous "contaminated blood" trial were he knew that possible AIDS contaminated blood were injected to peoples. he had this famous citation : "Responsible but not guilty". This seems to be true only in minor cases where normal people without interest are killed. When it is question of money, power and politics it seems that responsible means guilty in France ...
this French "responsible but not guilty" has a non-related counterpart in the Scottish legal system, which knows three verdicts: "guilty", "innocent" and "not proven"
fact is that any minister can be held responsible... for anything that happens on his watch. the question is still if he is guilty... or not in the criminal sense
just saying, the difference is between political responsibility and legal guilt or not
+1 Deres, though I don't agree fully with you. yes, the two legal systems are different. no, exploitation of any system is a separate matter
Also the Anglo vs the French legal systems are fundamentally different.
In one, the law allows for certain actions, in the other, the law forbids certain actions.