Wednesday, May 18, 2011

DTN News - INTERNATIONAL MONETARY FUND NEWS: Sex ~ Do International Bodies Look The Other Way?....NSI News Source Info # 1964

DTN News - INTERNATIONAL MONETARY FUND NEWS: Sex ~ Do International Bodies Look The Other Way?....NSI News Source Info # 1964

(NSI News Source Info) TORONTO, Canada / UNITED NATIONS, New York - May 18, 2011: Whether IMF chief Dominique Strauss-Kahn is innocent or guilty of sexual assault, his arrest has raised questions about whether international organizations are soft on their top officials in such matters.

The scandal has broken at a time when private companies are becoming less and less tolerant of any sexual misconduct by their senior executives. A string of high-profile companies have shed their bosses in recent years over such issues.

Strauss-Kahn, managing director of the Washington-based International Monetary Fund, was arrested on Saturday while about to fly to Paris after a chambermaid at a New York hotel said he had tried to rape her earlier in the day.

His lawyer has said the French economist will plead not guilty, but the sensational incident has probably wrecked his hopes of running for president of France next year or of continuing to lead the IMF.

However the case turns out, critics say international bureaucracies may not be rigorous enough in their hiring standards, especially when who gets to be boss is decided at least in part by horse trading among governments.

Strauss-Kahn, who was backed by the European Union for his post, faced earlier controversy in 2008 over an affair with a female IMF economist who was his subordinate.

He apologized for an "error of judgment" and in an internal probe of the affair, the IMF executive board concluded that reports of previous extramarital entanglements had no merit in deciding whether he would be a capable leader.

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