The Candidat For New IMF Director

The International Monetary Fund (IMF) is looking for a replacement Dominique Strauss-Kahn, who resigned last week from his position as managing director. The names of replacement candidates also appear. One who championed the French Finance Minister Christine Lagarde.
Lagarde described by admirers as a "rock star" in the financial world. His figure may be able to save the reputation of his country in the scandal Strauss and fill positions in the IMF.
Then, why did he become the most favorite candidate?
According to the pages of The Telegraph, he was known to have serious character and hardworking, but also interesting. He was also widely praised, both inside and outside the country in handling the economic crisis. His English was perfect and spent most of his career as a lawyer in the United States.
Excellence Lagarde French finance minister who since 2007 was he the candidate who received at both sides of the Atlantic. After obtaining a law degree, Lagarde joined the American law firm, Baker and McKenzie, the first in Paris. Then, he went to Chicago, and began to pursue a position as director of the company. He remained in America for 25 years, and uncomfortable on Wall Street.
Dominique Carreau, international economic law professor and author of several books on the IMF described the extraordinary figure Lagarde. "He is also a woman and that's important. Because no woman who heads an organization like that," he said. "He almost certainly had the support of the United States, after living there for a long time and worked at one of the largest law firm. He also has a support at European level."
Former IMF chief economist, Kenneth S Rogoff, assessing Legarde very impressive. "He has a strong personality and smart in politics," he told The New York Times. "At meetings around the world, he is treated like a rock star," he said.
However, Lagarde has some obstacles to occupy chairs the IMF's top brass. First, it comes from France. IMF may not be ready to refer back to the French after the capture of Strauss-Kahn. Another reason was that he was under investigation.
Minister is caught in a mysterious scandal over 285 million euros involving supporters of Nicolas Sarkozy's controversial leader, Bernard Tapie. Prosecutors had requested a full investigation of the role of Lagarde. It is difficult for the IMF to select figure that the IMF can derail the second time.
Moreover, French President, Sarkozy may not want to lose one of the servants of the most popular, respected, and successful minister.
IMF announces new director search process that will end June 30. Whether it's Lagarde or another candidate, will be tested through a related signal the future direction of the financial world.
Several other candidates are former Turkish Finance Minister Kemal Dervis, the German economist Klaus Regling, Singapore Finance Minister Tharman Shanmugaratham, and former British Prime Minister Gordon Brown

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