BizJournals Portfolio
Home >   Business Views, Opinions and Blogs >   Business Blogs >   Market Movers >  

Imf Strauss Kahn Joins The Side Of The Angels

Market Movers

by Felix Salmon
Main
When Competition Increases Sales   How Politicians Can Help Fix the Mortgage Mess

Recent Blog Posts

Links

Aug 07 2007 12:00am EDT

IMF: Strauss-Kahn Joins the Side of the Angels

Dominique Strauss-Kahn apparently wants to reform the process which is used to choose the IMF's managing director – the very process which has just landed him in that job. It'll be interesting to see whether he's able to do so. The IMF's managing director is powerful, and the IMF's shareholders are likely to give him quite a lot of leeway in terms of how he runs the organization. But it's far from clear that those shareholders will happily give up their right to install a European at the top of the Fund. In other words, this isn't a decision which is up to the managing director: it's a decision which needs to be made at summit level in Europe and in the US.

. □

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com
Like Portfolio on Facebook

Come on, like us—you know you want to.

Follow Portfolio on Twitter

Follow us and if you're an innovative entrepreneur, we'll return the favor.

The Mix

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

Slideshows

500 Startups Hits New York

Dave McClure's brainchild makes its way to New York and introduces East Coast money folks to some intriguing new companies. View Slideshow