1. Lagarde to Become Managing Director and Chairman of the IMF
... institution at a critical time for the global economy," Geithner said (Rooney). Lagarde will succeed Dominque Strauss-Kahn, who was recently arrested in New York for sexual assault. Lagarde is the first woman to hold this position and was selected by a consensus vote (Rooney), "I am deeply honored have the trust placed in me by the Executive Board. I would like to thank the Fund's global membership warmly for the broad-based support I have ... received. I would also like to express my respect and esteem for my colleague and friend, Agustin Carstens ... ...
- Word Count: 519
- Approx Pages: 2
- Has Bibliography
- Grade Level: Undergraduate