Word: straussed
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...Director General of the International Monetary Fund (IMF) Dominique Strauss-Kahn has saved his skin. Now, many people wonder if he'll save the world...
...Nearly a week after news broke that the IMF had contracted a Washington D.C. law firm to investigate whether Strauss-Kahn had abused the power of his job in dealing with an avowed affair with a co-worker, the organization's Executive Board cleared the Frenchman of any dismissible violation of ethics codes. In doing so, however, its members made their disdain of Strauss-Kahn's adulterous behavior clear. In a statement released late Oct. 25, the Board said the independent inquiry "concluded that there was no harassment, favoritism, or any other abuse of authority." But it went...
...Petipa, choreographed for St. Petersburg’s Maryinsky Ballet. Premieres of new “Cinderellas” followed at the approximate rate of one per decade, boasting such marquee names as Michael Fokine, Konstantin Sergeyev, Frederick Ashton, and Rudolf Nureyev, with orchestrations by Peter Ilyich Tchaikovsky, Johann Strauss, and Sergei Prokofiev. James Kudelka stepped into this whirlwind in 2004, intending to create something fresh...
...Though his Bush credentials made him very unpopular, the Wolfowitz ouster wound up traumatizing many international organizations - and that was before general crisis set in," says a high-ranking French civil servant who worked with Strauss-Kahn before he won the IMF position. "Strauss-Kahn is viewed as accomplished, smart and very capable. Because of that, the prevailing view seems to be, 'Let's hope this turns out to be nothing, because the IMF and the world really needs this guy to come through...
...Should Strauss-Kahn survive the inquiry and oversee a refoundation of the Bretton Woods system that has regulated international finance since 1944, he'd likely come through in an ironic position: strengthened to launch an expected presidential bid in 2012 to unseat Sarkozy - the leader now most energetically advocating what he calls the "moralization" of finance markets. "To say there's a lot at stake on the outcome of this investigation is an understatement," says Moïsi. "But the bigger challenge for Strauss-Kahn - and the world - is what's waiting beyond that." (See Pictures of the Week here...