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News Link • Government Debt & Financing

Christine Lagarde Releases Statement To IMF Executive Board Pitching Her Candidacy

• ZeroHedge.com
 
Christine Lagarde, who is quick to play the gender card, has released her formal statement to the IMF Executive Board pitching her candidacy. As she herself prioritizes her qualifications: "Having clarified this situation let me state the following: I stand here as a woman, hoping to add to the diversity and balance of this institution." etc. Translation: no need to worry I will (allegedly) rape maids, so pick me. Then there's everything else, which for a bailout agency which is now wholly in China's shadow, is very much irrelevant. Full letter: Ms. Christine Lagarde, a candidate for the position of the Managing Director of the International Monetary Fund (IMF), made the following statement to the IMF Executive Board on June 23, 2011: Members of the Executive Board, Let me first thank you for the very productive bilateral meetings I had with each of you yesterday and this morning. I truly value the occasion to exchange views and to benefit from your insight. I am equally honoured to deliver to the full Executive board some preliminary remarks, before answering any question you might have. As a candidate, I have listened carefully over the last few weeks to the messages conveyed to me by a large part of the membership and I would like to lay out some thoughts of mine and address some of the issues: 1. Management: the three duties of MD If elected, I am committed to fulfil, with your support and active engagement, the three key duties of a MD: to chair the Board; to manage the staff; and to represent the institution.

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