1. Lagarde to Become Managing Director and Chairman of the IMF
... her five-year term as the International 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 ... to provide financial support to Greece and other troubled European economies who need immediate help (Rooney). Lagarde is already involved in these affairs. While in Paris, she advised the Greek ...
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