Essentially Dominique Struass-Kahn's(DSK) zippers did him in. Monitoring the international news I was mortified by the pathetic wincing of some DSK's country folk: Sarkozy they claimed had effectively unzipped his compatriots pants: hogwash. A case of selective amnesia over a record of such dalliances if you ask me.
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| The IMF buildings where the fate of developing nations has been decided for decades |
But the key point for me is the need for the BRICS to take their chance. The idea that an American will run the World bank while a European heads up the IMF is such a deadwood idea in the light of the ongoing geo-economic and political restructuring of the world. The BRICS have issued a statement. Promising. They should maneuverer more. Of course the Europeans and Americans hold the largest number of votes. But this must change and other policies as well; the more reason why a smart, knows-what-time-it-is non-European is my choice. In the IMF contest lies a very public symbolic power tussle pitching the old dominant global power blocs against those trying to break down the doors. I am watching closely.

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