Just like the deflated globe, Dominique Strauss-Kahn's career
has been crushed by the banking elite
The IMF Director and socialist party candidate for the French Presidency, Dominique Strauss-Kahn, was picked up by the NYPD at JFK airport yesterday for allegedly raping a hotel chambermaid.
Sounds like an old fashioned shakedown to me. Someone that rich and powerful can afford to hire prostitutes for sodomy purposes. Why would anyone in such an important position jeopardize their career and political aspirations by attempting to play hide the salami with a hotel maid when they can buy a fuck buddy for a few hundred bucks?
Whenever I hear a story about a major political figure being picked up on alleged sodomy charges... I have pretty simple and self-explanatory two knee jerk reactions:
1. Blackmail.If it's blackmail, then the powers to be will rush in to help DSK, who will now become a puppet for life. The best example of this tactic is from Godfather II and the infamous scene with the dead hooker in the Senator's bed. The Corleone Family is kick to rush to Senator's aid, when in fact, they had set him up in the first place.
2. Smear campaign.
"Don Corleone can help you..."
If it's a classic smear campaign, well someone really wants to bring DSK down. Alleged rape charges, even if fully cleared of any wrong doing, are tough to shake. If he's really
In this case, Dominique Strauss-Kahn is the current director of the International Monetary Fund and a potential candidate for President of France. One of my French friends broke the story to me with a comment "Sarkozy locked up his re-election."
I'm not suggesting that Sarkozy is involved in any of these shenanigans. Perhaps American authorities will use this incident to leverage new favors, or even return an old favor to the French oligarchs pulling Sarkozy's strings?
My initial reaction was this had less to do with politics and more to do with banking matters -- specifically Greece, Portugal, and a litany of more European sovereign bailouts.
Some of those suspicious were confirmed when I woke up this morning to a tweet from @ZeroHedge which read: "A JPMorgan guy is now in charge of the IMF."
It's true. According to the WSJ, John Lipsky was named interim director. A quick scan of John Lipsky's bio page on the IMF's website reveals he is former JPMorgan alum. Also listed on his resume: Chase Manhattan Bank and Salomon Brothers.
So what's really going on?