"Which managing director of the ""International Monetary fund"" was forced to resign after a sex scandal in 2011?"
"York. John Lipsky John Phillip Lipsky (born February 19, 1947) is an American economist. He was the acting Managing Director of the International Monetary Fund from May to July 2011. He assumed the post of Acting Managing Director after Dominique Strauss-Kahn was arrested in May 2011 accused of sexual assault. After the appointment of Christine Lagarde he returned to his post as the First Deputy Managing Director of the IMF. He retired from the IMF in November 2011 and is currently a Distinguished Visiting Scholar at Johns Hopkins School of Advanced International Studies (SAIS). Lipsky was born into a Jewish"
"of progressive rather than neoliberal values, Joseph Stiglitz wrote that Strauss-Kahn had proved himself to be a ""sagacious leader"" of the institution. Following Strauss-Kahn's arrest for sexual assault in New York, economist Eswar Prasad said that should he be forced to step down, the IMF ""will find it hard to find as effective and skilful an advocate for keeping the institution central to the global monetary system"". John Lipsky, the IMF's second-in-command, was named acting Managing Director on 15 May 2011. Strauss-Kahn resigned from the IMF on 18 May 2011, after being arrested by New York police on 15 May"
"managing director of the International Monetary Fund following the scheduled retirement of Dominique Strauss-Kahn. Brown's successor and Leader of the Opposition, Ed Miliband, supported Brown for the role while the Prime Minister, David Cameron, voiced opposition to this. Following the arrest of Strauss-Kahn for alleged sexual assault in May 2011, and his subsequent resignation, these reports re-surfaced. Support for Brown among economists was mixed but British Government backing for his candidature was not forthcoming and instead supported Christine Lagarde – the eventual successful candidate – for the post. Sir Tim Berners-Lee, who had worked with the government during Brown's premiership"
"“considered the strongest of three shortlisted candidates to head the Global Fund ... A selection committee has evaluated the three nominees' qualifications and ranked ‘Nabarro first, Kazatchkine second and (Alex) Cotinho third,’ according to a Fund source.” In September 2011, the AIDS Healthcare Foundation called for Kazatchkine's resignation in the wake of isolated yet unprecedented reports of ""waste, fraud, and corruption"" in order that ""reforms may begin in earnest."" In January 2012, Kazatchkine ultimately declared his resignation, following the decision made by the Global Fund board in November 2011 to appoint a general manager, leaving Kazatchkine’s role to that of"
"over allegations of sexual assault. He was on a plane about to take off, when airport police asked that the plane be stopped; he was escorted off the plane and interviewed by police. The case was later settled for an undisclosed amount. Managing Director of the International Monetary Fund, 2007–2011 (resignation – sexual assault case) In July 2013, Strauss-Kahn accepted a position as a board member of the Russian Regional Development Bank: a banking subsidiary of the Russian state oil company Rosneft. Shortly after that he also accepted a similar position at the Russian Direct Investment Fund. On 13 September"
"would resign from his post the following October, citing personal reasons. On 28 September 2007, the International Monetary Fund's 24 executive directors elected former French Minister for Economics, Finance, and Industry, Dominique Strauss-Kahn, over former Czech Prime Minister Josef Tošovský, to be the new managing director in succession to Rato. Rato assumed the presidency of Caja Madrid in 2010, a public savings bank based in the Community of Madrid, and after a merger with other six saving banks he assumed the presidency of the new group now called Bankia. On 7 May 2012, he resigned amid growing concerns about the"
"Dominique Strauss-Kahn Dominique Gaston André Strauss-Kahn (; born 25 April 1949) is a French politician, former managing director of the International Monetary Fund (IMF), and a controversial figure in the French Socialist Party due to his involvement in several financial and sexual scandals. He is often referred to in the media, and by himself, by his initials DSK. Strauss-Kahn was appointed managing director of the IMF on 28 September 2007, with the backing of his country's conservative president, Nicolas Sarkozy. He served in that capacity until his resignation on 18 May 2011 in the wake of allegations that he had"
"International Monetary Fund Managing Director 2011 election International Monetary Fund Managing Director 2011 election The selection process for the new Managing Director of the IMF in 2011 presents characteristics that have never been seen. The balance of power that held the unwritten rule that assigned the leading position of the IMF to a European seems to be changing as the developing nations acquire more weight. In particular the BRIC nations, together with South Africa and Mexico, have expressed their strong opposition to assign the Managing Director position based on geographical characteristics as opposed to a merit-based approach. The two openly"
"in financial difficulty. IMF funds come from two major sources:quotas and loans. Quotas, which are pooled funds of member nations, generate most IMF funds. The size of a member's quota depends on its economic and financial importance in the world. Nations with larger economic importance have larger quotas. The quotas are increased periodically as a means of boosting the IMF's resources. The current Managing Director (MD) and Chairwoman of the International Monetary Fund is noted French lawyer and former politician, Christine Lagarde, who has held the post since 5 July 2011. According to the IMF itself, it works to foster"
"responded, ""Very well, thank you...I am in good shape; I took a vacation; I'm working hard again."" The couple divorced in March 2013. On 25 May 2013, Strauss-Kahn appeared at the 2013 Cannes Film Festival with his new partner, Myriam L'Aouffir, a communications manager for France Télévisions. In December 2015, the press revealed that Dominique Strauss-Kahn, while he was the managing director of the IMF, had a secret love child born in 2010. On 14 May 2011, Nafissatou Diallo, a 32-year-old maid at the Sofitel New York Hotel, alleged that Strauss-Kahn had sexually assaulted her after she entered his suite.<ref"
"announced formal candidates were Agustín Carstens, Mexico´s Central Bank Governor, and Christine Lagarde, France´s Minister of Finance. The statements and resumes of the candidates present their personal backgrounds and their perspectives on the role of the IMF. The election was won by Christine Lagarde. International Monetary Fund Managing Director 2011 election International Monetary Fund Managing Director 2011 election The selection process for the new Managing Director of the IMF in 2011 presents characteristics that have never been seen. The balance of power that held the unwritten rule that assigned the leading position of the IMF to a European seems to"
"Group, established by former Managing Director Horst Köhler, to provide ... an independent perspective on [the Fund's] work on international financial markets."" On September 1, 2006 he returned to the IMF as First Deputy Managing Director, succeeding the departing Anne Osborn Krueger. On May 12, 2011, Lipsky announced that he would leave his post at the end of his term on August 31, 2011, declining the option to serve for a second term. Three days later, on May 15, 2011, Lipsky was appointed acting Managing Director of the IMF, after Managing Director Dominique Strauss-Kahn's resignation due to being arrested on"
"Christine Lagarde Christine Madeleine Odette Lagarde (; née Lallouette, ; born 1 January 1956) is a French lawyer and politician who is currently serving as the Managing Director (MD) and Chairwoman of the International Monetary Fund (IMF). Lagarde has held the position since 5 July 2011. Previously, she held various senior ministerial posts in the French government: she was Minister of Economic Affairs, Finance and Employment, Minister of Agriculture and Fishing and Minister of Trade in the government of Dominique de Villepin. Lagarde was the first woman to become Finance Minister of a G8 economy and is the first woman"
"pictured stepping into a €100,000 Porsche car, giving rise to criticism of his affluent lifestyle and to accusations of ""champagne socialism"". Nevertheless, it seemed certain that he would return to France and bid for the presidency in 2012. However, on 14 May 2011, Strauss-Kahn was arrested in New York on charges of the sexual assault and attempted rape of a hotel room attendant. He was obliged to resign his IMF post and it was accepted at the time that he could not be expected to take any part in the Socialist Party primary. Nevertheless, on 1 July 2011, there came"
"collapse. On 23 August 2011, the judge formally dismissed all charges following a recommendation for dismissal filed by the District Attorney's office, which asserted that the complainant's untruthfulness made it impossible to credit her. At the time of the alleged attack, Strauss-Kahn was the head of the International Monetary Fund (IMF) and considered to be a leading candidate for the 2012 French Presidency. Four days after his arrest, he voluntarily resigned his post at the IMF. There was widespread speculation in France after his arrest that he was the victim of a conspiracy. On 14 May 2011, Strauss-Kahn was arrested"
"rioting during the Asian crisis, who truly transformed the organization."" ""Moghadam's job is to make sure that everything remains structured and yet constantly in flux to suit the crisis of the day. Moghadam is a sort of secretary general for the Fund. He introduces internal and external reforms and proposes new groups and strategies."" In November 2011, with the euro-area crisis deepening, Christine Lagarde who had taken over the helm of the IMF in July, asked Moghadam to become the Director of the European Department. The change garnered praise from many analysts who saw it as a move to heighten"
"announced two candidates had been shortlisted for the post of managing director of the IMF. These were Agustin Carstens, governor of the Mexican central bank, and Christine Lagarde, French finance minister. On 28 June, the IMF announced they had selected Lagarde. His sudden resignation led the IMF to search for a replacement and created new political worries. According to the ""Washington Post"", ""Without Strauss-Kahn at the helm, Europe is at risk of losing a key source of financial support in its efforts to contain the debt crisis buffeting the continent"", including potential financial bailouts for nations such as Greece and"
"challenge the dominance of the dollar"". In 2008, the IMF Board appointed an independent investigator following allegations that Strauss-Kahn had had an affair with a subordinate, Piroska Nagy, who was married at the time to economist Mario Blejer. Nagy alleged that Strauss-Kahn had used his position to coerce her into the affair. She was later made redundant and Strauss-Kahn assisted her in getting a new job. The IMF board issued the findings of the investigation; while noting that the affair was ""regrettable and reflected a serious error of judgment on the part of the managing director"", the board cleared Strauss-Kahn"
"the 2011 Egyptian protests, The government of Prime Minister Ahmed Nazif resigned and Boutros-Ghali was replaced as Minister of Finance by Samir Radwan. Then, on 4 February 2011, the IMF reported that Boutros-Ghali had resigned the Chairmanship of the International Monetary and Financial Committee (IMFC). On 11 February 2011, just prior to Mubarak's resignation, the VIP lounge at Cairo Airport opened to accommodate Boutros-Ghali and his wife before they flew to Lebanon while other ex-regime officials, including Mubarak himself, were targeted with travel bans, asset freezes, and even arrests. Boutros-Ghali was accused of corruption and an Interpol international arrest warrant"
"chiefs. In 2010 during the national-level Ma'al Hijrah celebrations held that year, the Malaysian government had awarded her with the title of ""Tokoh Ma'al Hijrah 1432H"" (""Figure of the New Year 1432AH""). On 20 May 2011, Bloomberg columnist William Pesek had picked Zeti, during her post as Bank Negara governor, as one of his top four nominees to head the prestigious International Monetary Fund after the position became vacant following the resignation of Dominique Strauss-Kahn who was arrested in New York, and is presently facing sexual assault charges. In 2013, she was again accorded “Grade A” among the heads of"
"judgement on people,"" while a university spokesperson added that the university ""respects academic freedom and freedom of speech."" A student protester who was interviewed defended the protests, saying ""... we wanted to exercise our own freedom of speech as individuals and let the union know what we think."" Strauss-Kahn resigned from his position as head of the IMF on 18 May 2011. In his letter of resignation he denied ""with the greatest possible firmness all of the allegations"". He said he wanted to protect the IMF and devote all his energies to proving his innocence. On June 14, the IMF"
"2011 UBS rogue trader scandal The 2011 UBS rogue trader scandal caused a loss of over US$2 billion dollars at Swiss bank UBS, as a result of unauthorized trading performed by Kweku Adoboli, a director of the bank's Global Synthetic Equities Trading team in London in early September 2011. On 24 September 2011, Oswald Grübel, the CEO of UBS, resigned ""to assume responsibility for the recent unauthorized trading incident"", according to a memo to UBS staff. On 5 October Francois Gouws and Yassine Bouhara, the co-heads of Global Equities at UBS, also resigned. It later emerged that UBS had failed"
"Water and Sanitation programme. Michel Camdessus Michel Camdessus (born 1 May 1933) is a French applied economist and administrator who was Managing Director of the International Monetary Fund (IMF) from 16 January 1987 to 14 February 2000. To date, he is the longest serving Managing Director of the IMF. Among the most important events of his tenure was the 1997 East Asian financial crisis. His role has been criticized for not paying attention to the unique circumstances of the East Asian countries and blindly imposing the measures that were followed in Mexico leading to considerable turmoil and rioting in countries"
"the public face of the hierarchy as the Catholic sexual abuse scandal swept the country. In 2013 allegations arose that Arsenault had stolen money from the Manchester diocese and the estate of a dead priest and billed a hospital for consulting work he never performed, and that he used the money for gifts for himself and a male partner. He was charged with felony theft and pled guilty in 2014; he was sentenced to 4 years and ordered to pay nearly $300,000. In the wake of Arsenault's resignation, Rossetti was asked to return as president. Sheila Harron, Ph.D., was CEO."
"shouted, threatening to “delete” official data at will. After leaving INDEC, Bevacqua recounted, she was unable to find other work because of pressure exerted by her superiors, apparently on orders from Kirchner and Moreno. RT.com reported in 2013 that Moreno's stated inflation rate was “laughable” and that when Economy Minister Hernán Lorenzino had been recently asked what the rate was, Lorenzino had been “visibly terrified,” knowing “only too well that telling the truth about inflation will get him into huge trouble with Mrs Kirchner, Mr Moreno and the militant Marxist organization ‘La Campora.’” In February 2013, the International Monetary Fund"
"Rodrigo Rato Rodrigo de Rato y Figaredo (born 18 March 1949) is a conservative Spanish politician and banker who served in the government of Spain as Minister of Economy and as a vice president from 1996 to 2004. He was managing director of the International Monetary Fund (IMF) from 2004 to 2007 and president of Bankia between 2010 and 2012. Rato was arrested on 16 April 2015 for alleged fraud, embezzlement and money laundering. His case was still awaiting trial a year later when his name appeared in the Panama Papers. Despite his prior assurances that he did not own"
"maintain credibility"" of SNB. Hildebrand announced his resignation on January 9, 2012 stating that “Credibility is a central banker’s most valuable asset,” and that the accusations came “during a time when total focus is needed on the duties.” He also resigned his posts at the Bank for International Settlements and the International Monetary Fund. He issued a statement that included copies of E-Mails between his wife, himself, and his banker, showing that he was aware of the controversial trade shortly after the order had been given by his wife, but failed to request that it be immediately cancelled. Hildebrand was"
"a check...Maybe when the economy recovers, raising my taxes makes sense, but for now, it's just punishment. In 2012, Stein stated that due to the tremendous amount of national debt, he agreed with Obama's proposal to increase taxes on the wealthy and that ultimately everyone's taxes should be raised to avoid defaulting on the debt. When the head of the International Monetary Fund, Dominique Strauss-Kahn, was arrested for sexual assault and attempted rape in 2011, Stein published an editorial in ""The American Spectator"" in which he closely scrutinized Strauss-Kahn's accuser and cited Strauss-Kahn's education, wealth, and position as reasons to"
"President Janet Napolitano removed Katehi from her post and placed her on paid administrative leave pending an investigation into possible violations of university policies. Following the investigation, Katehi was given 1 year paid leave on August 9, 2016. In May 2011, Premier League footballer Ryan Giggs sued Twitter after a user revealed that Giggs was the subject of an anonymous privacy injunction (informally referred to as a ""super-injunction"") that prevented the publication of details regarding an alleged affair with model and former ""Big Brother"" contestant Imogen Thomas. A blogger for the ""Forbes"" website observed that the British media, which were"
"the year 2000. The International Monetary Fund (IMF) was reportedly responsible for funding the project after a design by Brennan Beer Gorman was chosen in an architectural competition which included entries from architects such as Michael Graves & Associates. After construction the building was awarded the 2000 Emporis Skyscraper Award. On May 14, 2011, a 32-year-old housekeeper at the hotel, an immigrant from Guinea, alleged that IMF Managing Director Dominique Strauss-Kahn attempted to rape her in his hotel room. She had walked into his room as he was having a shower although he had not yet checked out. Strauss-Kahn was"
"was furthermore declared that Gotti Tedeschi and another IOR manager were under investigation for money laundering charges. On 31 May 2011, Rome's attorney general released the €23 million in assets which had been seized in September, apparently in acknowledgment of the steps taken in the following months to conform the Institute to international standards. On 24 May 2012, Ettore Gotti Tedeschi was ousted as Head of the Vatican Bank because of his alleged ""failure to fulfill the primary functions of his office"". In July 2013, the money laundering case against Gotti Tedeschi was dropped. In March 2014, he was again"
"Mr Kikukawa resigned in the following year and was arrested by Tokyo police for alleged criminal offenses during and before his term as president and CEO. The corporation in 2011 had three ""outside directors"". It has a four-member 'Board of Auditors' which supervises and audits directors' performance. The company's executive committee consists of 28 members, responsible for the day-to-day operations. In 2011, the company attracted worldwide media scrutiny when it fired its newly appointed British chief executive (CEO) Michael Woodford, a 30-year Olympus veteran, for probing into financial irregularities and unexplained payments totaling hundreds of millions of US dollars. Although"
"Michel Camdessus Michel Camdessus (born 1 May 1933) is a French applied economist and administrator who was Managing Director of the International Monetary Fund (IMF) from 16 January 1987 to 14 February 2000. To date, he is the longest serving Managing Director of the IMF. Among the most important events of his tenure was the 1997 East Asian financial crisis. His role has been criticized for not paying attention to the unique circumstances of the East Asian countries and blindly imposing the measures that were followed in Mexico leading to considerable turmoil and rioting in countries such as Indonesia. Previously,"