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FRIDAY, NOVEMBER 27, 2009
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IMF Won't Punish Boss Over Affair

But 'serious error in judgment' sidetracked fund

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(Newser) – The IMF’s governing board unanimously cleared its managing director of using his position to pursue an affair with a subordinate, the Wall Street Journal reports. Dominique Strauss-Kahn didn’t engage in “harassment, favoritism, or any other abuse of authority,” but his actions were “regrettable and reflected a serious error of judgment,” the board said, citing the incident as a major distraction for the fund.

Anne Sinclair, the wife of IMF chief Dominique Strauss-Khan, said her husband's indiscretion was a
Anne Sinclair, the wife of IMF chief Dominique Strauss-Khan, said her husband's indiscretion was a "one-night stand," and that they personally have moved on.   (AP Photo/Bob Edme, file)
The 24-member IMF board
The 24-member IMF board "concluded that there was no harassment, favoritism, or any other abuse of authority" by Mr. Strauss-Kahn.   (AP Photo/Jose Luis Magana)
The International Monetary Fund's governing board unanimously found that Managing Director Dominique Strauss-Kahn didn't abuse his position in connection with a sexual relationship with a subordinate.
The International Monetary Fund's governing board unanimously found that Managing Director Dominique Strauss-Kahn didn't abuse his position in connection with a sexual relationship with a subordinate.   (AP Photo/Jose Luis Magana)
The International Monetary Fund's governing board unanimously found that Managing Director Dominique Strauss-Kahn didn't abuse his position in connection with a sexual relationship with a subordinate.
The International Monetary Fund's governing board unanimously found that Managing Director Dominique Strauss-Kahn didn't abuse his position in connection with a sexual relationship with a subordinate.   (AP Photo/Manuel Balce Ceneta, FILE)
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I personally spoke to him and informed him this should not happen again. - A. Shakour Shaalan, IMF board member

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