Word: scandalousness
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With the financial crisis forcing global leaders to rethink the basic framework of the world's financial system, it's probably not the best of times for the International Monetary Fund (IMF) to be mired in internal scandal. Yet even as French President Nicolas Sarkozy got the backing of U.S. President George W. Bush Saturday to organize a summit to reform the international financial rules that the IMF oversees, the world discovered that the organization's French managing director, Dominique Strauss-Kahn, is being investigated for possible abuses of power. The findings of that inquiry - expected later this week - will...
...Those high stakes explain why the scandal has drawn rapt attention in France, where Strauss-Kahn is considered one of the opposition Socialist Party's sharpest minds - and a leading contender for a 2012 presidential bid. For now, however, the besieged IMF chairman finds himself at the center of a storm stemming from an acknowledged extramarital affair with IMF subordinate Piroska Nagy, who oversaw the organization's African department until she resigned in August of this year...
...Traub points out that 52% of the world’s population believes that the United States has had a largely negative impact on the world during last year. Because of our failed involvement in Palestine, where the elections were destroyed by terrorism, and because of the Abu Ghraib scandal, the international stage, and especially the Middle East, did not believe in our pledge of democracy. In fact, according to Traub, they found it laughable. But though the title of Traub’s book makes it seem like little more than an anti-Bush diatribe, his attack...
...Even before the current scandal, Mahoney was facing a tough re-election battle with Republican Tom Rooney, an attorney and well-funded opponent whose family owns the Pittsburgh Steelers. A survey of 400 likely voters conducted by Rooney's campaign in early September gave Mahoney a 48-41 lead, with a margin of error of plus or minus 4 points. In a district where Republican registrants still lead Democrats by 41% to 37%, Mahoney has done his best to sell himself as a moderate Democrat, picking up an endorsement from the National Rifle Association. But Republicans had already targeted Mahoney...
...return a phone call Wednesday to confirm if it was still on. Palm Beach County GOP chair Sid Dinerstein is happy he still has a seat to the event, he said. Since 2006, the area has seen four city and county commissioners imprisoned for corruption charges; the Foley scandal; a still unresolved Aug. 26 judicial election in which voting ballots briefly disappeared; and now the Mahoney affair. "The voters, they are waiting for a natural leader," Dinerstein said. Or at least one who can manage to stay out of trouble...