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Tuesday, 17 May 2011

Sex scandal trumps IMF failures

There's IMF's Dominique Strauss Kahn allegation that he sexually assaulted a maid in the NY's Sofitel hotel, but a bigger scandal is what the IMF actually does. The Greek bailout, Portugal's debt crisis, the anger of BRICS and other developing nations at the IMF's imbalanced power structure.
Weighing in is Nomi Prins author of, 'It Takes a Pillage, Behind the Bonuses, Bailouts, and Backroom Deals from Washington to Wall Street.'


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