Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Amid Scandal, IMF Exec Wins Praise for Nimble Work

Strauss-Kahn's 'activist' economics suit crisis

By Harry Kimball, Newser Staff

Posted Oct 20, 2008 1:05 PM CDT

(Newser) – Even as he faces a probe for misconduct, the head of the International Monetary Fund is being praised for a decisive response to the world financial crisis, Bloomberg reports. Europe’s chief banker says he’s “convinced the investigation will prove that Dominique Strauss-Kahn... Read full story »

COMMENTS

Read the comment policy

You need to Log in to Newser to comment. Don't have an account yet? Sign up now!

There are no comments

A snapshot of the day's best news stories.

View Larger Grid

All Today Yesterday Pick a Date

What's Popular Now on Facebook

Miami Face-Eater Identified

Chagas Disease the 'New AIDS of the Americas'

Bloomberg (Source Grid »)

C'mon, it was just a 'one-night stand'
The Australian

Sarkozy disappointed in Frenchman Strauss-Kahn
Times (UK)

Is leak to WSJ evidence of political hatchet-job?
Independent (UK)

Money

investigation • Paul Wolfowitz • International Monetary Fund • IMF • Iceland • probe • Dominique Strauss Kahn • scandal • financial crisis • Bretton Woods • Piroska Nagy

More Newser Stories

IMF Won't Punish Boss Over Affair

But 'serious error in judgment' sidetracked fund

(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. More»

IMF Chief Probed Over Affair

Investigation rattles key organization during financial crisis

(NEWSER) - In a shakeup amid the financial crisis, the International Monetary Fund is investigating whether its managing director abused his position in an affair with a subordinate, the Wall Street Journal reports. Backed by US and Russian representatives, Egypt’s rep to the IMF called for the probe into the relationship between Dominique Strauss-Kahn and a woman who at the time was a senior official in the Africa department. More»

Jobless 'Wasteland': Europe, US on Brink of Social Revolt

Recession left 'gaping wounds' says IMF head

(NEWSER) - To those who think the worst of the recession is over, the head of the IMF has this to say: "We are not safe." An astounding 30 million jobs have been lost since the beginning of the financial crisis , three-quarters of those in richer economies, a new report shows. This "wasteland of unemployment," now at 210 million worldwide, puts both the United States and Europe at serious risk of a social revolt, says the IMF's Dominique Strauss-Kahn . More»

IMF: Global Recession Is Over

World economy is growing, but recovery will be slow

(NEWSER) - The global recession is over, the International Monetary Fund said today, revising its economic forecasts in response to Asian growth and more than $2 trillion in stimulus packages worldwide. The IMF now says the world economy is growing and will expand by 3.1% in 2010, with China growing at a 9% clip and the US at 1.5%. Nevertheless, the institution warned that growth will be "sluggish, credit-constrained and, for quite some time, jobless." More»

Strauss-Kahn Cheered on Return to IMF

Former IMF chief pays staffers farewell visit

(NEWSER) - Dominique Strauss-Kahn received a warm welcome during his farewell visit to International Monetary Fund headquarters in Washington, DC, yesterday. Hundreds of staffers packed into an auditorium to hear the former IMF chief speak, Reuters reports. "He is very much appreciated in the institution," Brazil's representative on the IMF's 24-member executive board says. "People clapped for very long periods. " More»

NEWS FROM OUR PARTNERS

What is Newser?

Face it: there's too much news. At Newser, we choose the most thought-provoking and entertaining stories from hundreds of US and international sources and reduce them to a headline, picture, and two paragraphs. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »

Partnering with: Slate

View Newser on the mobile website

Amid Scandal, IMF Exec Wins Praise for Nimble Work

Strauss-Kahn's 'activist' economics suit crisis

investigation • Paul Wolfowitz • International Monetary Fund • IMF • Iceland • probe • Dominique Strauss Kahn • scandal • financial crisis • Bretton Woods • Piroska Nagy

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

IMF Won't Punish Boss Over Affair

But 'serious error in judgment' sidetracked fund

IMF Chief Probed Over Affair

Investigation rattles key organization during financial crisis

Jobless 'Wasteland': Europe, US on Brink of Social Revolt

Recession left 'gaping wounds' says IMF head

IMF: Global Recession Is Over

World economy is growing, but recovery will be slow

Strauss-Kahn Cheered on Return to IMF

Former IMF chief pays staffers farewell visit

About Us

Site

Community

Site Maps

Tools

More News

What is Newser?