"Economists are pessimists: they've predicted 8 of the last 3 depressions."
--Barry Asmus

The Required Disclosures

The information presented in this blog and its individual articles is provided for informational use only and should not be considered investment advice or an offer for a particular security. The contents reflect the views and opinions of the individual writer as of the date the article was written and do not necessarily represent the views of the individual writer on the current date. They also do not in any way, shape, or form represent the views of the Firm Never-To-Be-Named. Any such views are subject to change at any time based upon market or other conditions and The Great Redoubt and its individual writers disclaim any responsibility to update such views. These views should not be relied on as investment advice, and because investment decisions for any security are based on numerous factors, may not be relied on as an indication of trading intent on behalf of any contributor to The Great Redoubt. Neither The Great Redoubt nor any individual author can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Please consult your tax or financial advisor for additional information concerning your specific situation.

Thursday, May 19, 2011

Treasury Department Statement Regarding Leadership of the International Monetary Fund

WASHINGTON – Today, the U.S. Department of the Treasury issued the following statement from Secretary Tim Geithner following the resignation of Dominique Strauss-Kahn as Managing Director of the International Monetary Fund (IMF).
"As Acting Managing Director, John Lipsky will provide able and experienced leadership to the Fund at this critical time for the global economy.  We want to see an open process that leads to a prompt succession for the Fund's new Managing Director."

U.S. Department of the Treasury Logo Questions? Contact Us

No comments:

Post a Comment