Shaw Capital Working Management Tips: With Europe in Crisis, Fragile Time for
I.
M.
F.
http://www.
nytimes.
com/2011/05/16/business/16fund.
html?_r=2&partner=rss&emc=rss
By LANDON THOMAS Jr.
Published: May 15, 2011
LONDON — It’s hard to imagine a worse...
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Shaw Capital Working Management Tips: With Europe in Crisis, Fragile Time for
I.
M.
F.
http://www.
nytimes.
com/2011/05/16/business/16fund.
html?_r=2&partner=rss&emc=rss
By LANDON THOMAS Jr.
Published: May 15, 2011
LONDON — It’s hard to imagine a worse time for the International Monetary Fund to be
without a forceful European leader.
Sinking under a mountain of debt, Greece is on the verge of requesting more help from
the European Union and the international fund.
Ireland’s economic recovery from its
banking crisis remains a distant prospect at best.
And once an international aid deal is
concluded for Portugal, the question shifts to whether Spain’s much larger and
increasingly stagnant economy may need a financial lifeline.
Indeed, the most bitter twist for Dominique Strauss-Kahnis that his personal crisis
comes at a time that the I.
M.
F.
’s influence globally is at a many-decades peak,
especially within Europe, his own stomping ground.
During his tenure as managing director o
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