1. Lagarde to Become Managing Director and Chairman of the IMF
... Monetary Fund's managing director and chairman next month after defeating Mexican Central Bank chief Agustin Carstens. Lagarde was backed by the United Kingdom, Germany, and most European powers, as well as some Asian and African nations. The United States Treasury Secretary Tim Geithner joined the group of supporters right before Lagarde was voted in (Rooney) "Minister Lagarde's exceptional talent and broad experience will provide invaluable ... 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-bas...
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