Female White-Collar Crime Divas-Mordern Day Thieves

60 year old International Monetary Chief-Guilty of Closed Eyed $412 Million Payout!


This week, the French Court found Christine Lagarde guilty of neglect by closing her eyes to a $417 million government payout to a business mogul when she was French finance minister in 2008. [I have mentioned in numerous posts that past situations often come back to haunt you, especially when you are in public service. Usually from haters or just by chance some uneventful uncovering presents itself].

Despite of the court findings, the court ruled that despite its verdict, no punishment was merited.[How fortunate Ms. Lagarde does not live in America as I am sure our system of justice sees things quite differently, especially with a woman in a position of power.] Ms. Lagarde, denies the charges and her attorneys will seek to appeal the ruling.

Ms. Lagarde, currently holds the position of International Monetary Fund’s managing director and has the full confident of the IMF’s executive board to manage the challenging difficulties facing the international community, with a great deal of her focus on issues such as gender disparity, income inequality, and climate change.

Ms. Lagarde legacy is yet to be determined as the tension from the Greece bailout and the incoming U.S. president who seems opposed to some major issues that are now facing the the IMF. Only time will tell.




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