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i am skeptical the feds engineered this to get a crony in the IMF. For what purpose?
The US has no pull on who gets to be IMF chief. There is a gentlemens agreement in place whereby the world bank chief is an american while the IMF chief is a euro.
I think this has to do with the greek debt situation. Someone shorting Greece set him up. Given the way financial & commodities markets are manipulated by gigantic pools of private capital, this is my best guess.
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