Lagarde is cashing in. In fact she is earning a bit more than Strauss Kahn did. $83,000 a year to maintain "a scale of living appropriate to your position as Managing Director and to the Fund's need for representation."
But they insist that she "observe the highest standards of ethical conduct, consistent with the values of integrity, impartiality and discretion." You know, like how Strauss Kahn did.
Again, I am repeating my prediction that Hillary Clinton will be head of the World Bank when that musical chair comes up.
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