IMF Chief Arrested And Unable To Address Impending Economic Catastrophe

I'm sure everyone heard this one. They dragged him off a plane in New York. Attacked a maid in a high class hotel. And this is the guy IN CHARGE of these important financial decisions. How does that happen? Is it possible the guy is so brilliant as a financier and so devoid of any and all judgment? What an implosion.

If the guy had made it out of the country it would have been so much harder to nail him. Apparently he was in a hurry and left his cell phone behind, as well as "forensic evidence."

So the remaining members of the IMF who are not in jail for sex crimes will attempt to lead the free world out of its latest mess, coming straight from the cradle of civilization, Greece. You know it would be funny if they spent the whole IMF meeting talking about the arrest. That's what I would do! Who could even attempt to avoid talking about it? Countries are going broke every day but something like this only happens once in a lifetime.

Surely this one incident is no reflection on the integrity or morality of the entire IMF, but if your daughter brings home a potential husband and says "oh dad he works for the IMF" that might not be as good a score as you would have thought just a few short months ago. In fact, in those circumstances you better have a friendly chat with the guy. In private. Know what I mean?

The arrest of IMF chief Dominique Strauss-Kahn complicates a key European meeting on whether to give Greece billions more in aid -- but experts insisted one man's troubles won't keep the 17 eurozone nations from trying to contain a debt crisis that threatens them all.

Eurozone financial leaders are to discuss Greece's deteriorating economy Monday at a Brussels meeting where experts will brief them on the situation in Athens. Key questions include what conditions to put on more help to the debt-strapped nation, with European leaders unhappy at what they see as limited Greek efforts to raise money by selling government property.

Strauss-Kahn was arrested Sunday in New York on suspicion of sexual assault on a hotel maid.

Despite the arrest, the International Monetary Fund said in a statement it remains "fully functioning and operational." The IMF Executive Board convened an informal session Sunday and made Strauss-Kahn's deputy, John Lipsky, acting managing director while its chief was unavailable.

[Associated Press]