Dominique Strauss Kahn arrested- IMF names replacement? http://pennyforyourthoughts2.blogspot.com/2011/05/dominique-strauss-kahn-arrested-imf.html

That didn't take long!His allies are suggesting this is politically motivated.... A "conspiracy." A word that has morphed into a buzz word used for derision & dismissal.This arrest works out well for Sarkozy.Notice how quickly the IMF names a replacement?Within hours.Strauss- Kahn, has not even been arraigned and he is out!John Lipsky is in.

Mr. Lipsky, the I.M.F.’s first deputy managing director, is a former U.S. Treasury executive and onetime banker at JP Morgan. William Murray, an I.M.F. spokesman, said that Mr. Lipsky, who has been overseeing the logistics of the bailout of the Greek economy, would meet with members of the I.M.F. board in Washington later in the day, according to Reuters. A JP Morgan man at the head of the IMF.Wow!JP Morgan's reach just got a whole lot longer.

[ALSO SEE...Dominique Strauss Kahn's arrest- Prelude to the end of Europeans leading the IMF? http://pennyforyourthoughts2.blogspot.com/2011/05/dominique-strauss-kahns-arrest-prelude.html