Home OpinionCommentA fall from grace

A fall from grace

by Fabio Scacciavillani

    Dominique Strauss-Kahn, otherwise known as DSK, had flirted with the title of being the second most powerful man in the world after United States President Barack Obama in the aftermath of the 2008 Lehman Brothers demise. Such accolades will be scarce moving forward, however, with the now-former managing director of the International Monetary Fund arraigned on charges of rape in a New York court last month. His supporters assert that his resignation is not an admission of guilt, but rather to shield the IMF from the fallout of the scandal while he clears his name from the ignominy, though his departure wil lstill have a profound impact on the organization. After DSK took up the reins in 2007, the IMF had reverted to its heydays in the 1990s, an era when it played a critical role in managing the ‘de-sovietization’ of Eastern Europe and Central Asia, the reform

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