1. Lagarde to Become Managing Director and Chairman of the IMF
... Lagarde's exceptional talent and broad experience will provide invaluable leadership for this indispensable 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 ... to Greece and other t...
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- Grade Level: Undergraduate