Christine Lagarde
French Finance Minister Christine Lagarde will become the first woman to run the International Monetary Fund.
Lagarde replaces Dominique Strauss-Kahn, who was arrested last month in New York on s-xual assault charges.
The IMF, established in 1947 to help nations coordinate economic policy, is playing a key role in the European efforts to steer Greece away from financial collapse. Ref. CNN
IMF chief Christine Lagarde escapes formal investigation:
French magistrates decided on Friday not to place IMF chief Christine Lagarde under formal investigation over her role in a 285 million euros arbitration payment made to a supporter of former president Nicolas Sarkozy. Ref. Source 5
Beijing-Based IMF? Lagarde Ponders China Gaining on U.S. Economy:
The International Monetary Fund's headquarters may one day shift to Beijing from Washington, aligning with China's growing influence in the world economy, the fund's managing director said. Ref. Source 2
France: IMF chief Lagarde target of corruption probe
IMF chief Christine Lagarde says the corruption investigation dates back to her days as the French finance minister. Lagarde and her former chief of staff face questions about a $531 million payment to a businessman. Ref. USAToday
IMF head Christine Lagarde ordered to face trial by French court over tycoon payments:
A French court has ordered IMF boss Christine Lagarde to face trial over the part she played in the Tapie Affair, regarding a €400m (£291m, $433m) transfer to French business tycoon and entrepreneur Bernard Tapie. Ref. Source 8o
Head of the IMF Christine Lagarde in court charged with embezzlement and fraud:
Christine Lagarde's humiliation is not only a massive personal blow which could lead to her resignation, but one which will plunge the world's banking system into further ignominy. Ref. Source 6h.
Christine Lagarde, the head of the International Monetary Fund, was negligent in her handling of a long-running fraud case, a French court has ruled. Ref. CNN.