Thursday, August 04, 2011

IMF Board backs Lagarde continuing as MD

The Executive Board of the IMF has stated they have confidence in Mme Christine Lagarde as follows, from here:

"The Board is confident that she will be able to effectively carry out her duties as Managing Director," directors said in an email statement. 

An earlier report, on the opening of investigatory proceedings against the MD of the IMF, also from the Wall Street Journal, is here.

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