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Thursday, May 19, 2011

After scandal, Strauss-Kahn can't get out of jail

During the arraignment of International Monetary Fund head Dominique Strauss-Kahn on sexual attack charges, the judge found he was a flight risk and denied him bail. Strauss-Kahn was arrested on suspicion of sexual attack and false imprisonment. He is supposedly attempted to rape a hotel worker. He is in custody at Riker’s Island.

Accused in a court room

The IMF head was brought into a NYC courtroom on Monday, May 16 and arraigned on charges of sexual assault and false imprisonment, states the Guardian. This will be one of the highest profile sex scandals in years to come out. Strauss-Kahn was arrested on Saturday for sexual attack and false imprisonment after he was accused of sexually assaulting a hotel maid at Sofitel, the Times Square hotel he had been staying at. He went before a judge on Monday after being arrested while boarding a plane for France, Reuters reports. If he had left, France wouldn’t extradite him while attorneys said he was a flight risk. He is at the Riker’s Island Correctional Facility right now after being denied bail.

Still having International Monetary Fund operations in his absence

Despite the head of the organization’s imprisonment, the International Monetary Fund is still carrying on, according to the Los Angeles Times. Kahn missed a meeting with several finance ministers in Europe in Brussels because he was in arraignment. This meeting discussed the chance of a joint bailout package for the Portugal debt crisis between the European Union and IMF. There is still a Greece debt crisis. The topic of sending more aid was to be discussed also. A newspaper in Athens carried the headline “the chambermaid blocks Greece!” in reaction to the scandal, and Strauss-Kahn is already a reviled figure there for forcing austerity measures to give the country emergency financial assistance. The Guardian states that Strauss-Kahn is in The Tombs holding cells near Riker’s Island Courthouse while all of this is occurring.

Future lost from scandal

Strauss-Kahn is a prominent figure in the Socialist party in his native France and had been expected to challenge current president Nikolas Sarkozy in the coming elections. He will most likely be exchanged. Francois Hollande or Martine Aubry could both do the job. The Telegraph states that his job at International Monetary Fund is up for grabs. Many individuals are ready to take the position too. The previous English prime minister Gordon Brown is said to covet the job, however it is said that current P.M. David Cameron won’t endorse him. Axel Weber as a former finance minister of Germany is a possibility for the job. Christine Lagarde is also in the running as the current France finance minister.

Citations

The Telegraph

telegraph.co.uk/finance/dominique-strauss-kahn/8517119/Christine-Lagarde-and-Axel-Weber-front-runners-for-Dominique-Strauss-Kahns-IMF-role.html

Los Angeles Times

latimesblogs.latimes.com/washington/2011/05/ron-paul-imf-dominique-strauss-kahn.html

Reuters

reuters.com/article/2011/05/16/us-strausskahn-arrest-idUSTRE74D29F20110516

Los Angeles Times

latimes.com/news/nationworld/world/la-fg-euro-talks-20110517,0,2339845.story

The Guardian

guardian.co.uk/world/2011/may/17/dominique-strauss-kahn-court-appearance

The Guardian

guardian.co.uk/world/2011/may/15/strauss-kahn-arrest-hits-french-elections



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