It gets worse in Spain. In the run-up to the current crisis, banks sold retail customers 22 billion euros of high-yielding preferred shares. Bank losses deepened, the securities plunged in value and the retail customers saw their savings diminished, and in some cases, locked in an illiquid product. Now, angry Spaniards are finding Read More
He did it—or didn’t do it—again. Former IMF chief, French presidential would-be, and well-established womanizer Dominique Strauss-Kahn’s latest set of charges—an accusation that he raped French journalist Tristane Banon—have been dropped by French prosecutors. Why?
Yesterday afternoon, news broke that the Manhattan D.A. office was going to request that all criminal charges of sexual assault against former I.M.F. chief Dominique Strauss-Kahn be dropped. This followed a meeting with Mr. Strauss-Kahn’s accuser, Nafissatou Diallo, and her lawyer, Kenneth Thompson. Mr. Thompson had requested yesterday that a special prosecutor be appointed to the case; his request was denied this morning. Moments ago, Dominique Strauss-Kahn sat down in a courtroom in Lower Manhattan, and received a verdict on his long-contested innocence: the case against him has collapsed. He is a free man, and the conclusion of his long, strange, epic entanglement with the American judicial system has officially began.
The New York Times
Reuters is reporting as of a few minutes ago that the Manhattan D.A.’s office—led by one very embattled Cy Vance—have asked for a dismissal of the criminal sexual assault charges against former I.M.F. chief Dominique Strauss-Kahn. The end of what has been a very long, headline-making scandal-plagued saga appears to have started, today.
Maybe it’s because of the success of Page One or maybe they are just trying to justify that paywall. Either way, we were slightly puzzled by an email we received this afternoon. Apparently, this is one of the “extras” we get as a benefit of our subscription. Why the hard sell, guys. You clearly already Read More
Dominique Strauss- Kahn’s accuser held a brief press conference today in a Brooklyn mega- church. Although she has been giving interviews over the past week, this was her first live public appearance since the May 14th incident at the Sofitel.
“Hi, my name is Nafi… Diallo,” she said softly.
“Just take your time,” suggested her Read More
As reported by the New York Times last night, today, the Dominique Strauss-Kahn case reconvened today, and the former IMF chief was released from his bail on his own recognizance. He must only promise to appear in court, as the charges against him have not been dropped. More on the press conference and future of the case, after the jump.