His allies are suggesting this is politically motivated....
A "conspiracy." A word that has morphed into a buzz word used for derision & dismissal.
This arrest works out well for Sarkozy.
Notice how quickly the IMF names a replacement?
I.M.F. Names Replacement as Chief Awaits Arraignment
Strauss- Kahn, has not even been arraigned and he is out!
John Lipsky is in.
Mr. Lipsky, the I.M.F.’s first deputy managing director, is a former U.S. Treasury executive and onetime banker at JP Morgan. William Murray, an I.M.F. spokesman, said that Mr. Lipsky, who has been overseeing the logistics of the bailout of the Greek economy, would meet with members of the I.M.F. board in Washington later in the day, according to Reuters.
A JP Morgan man at the head of the IMF.
JP Morgan's reach just got a whole lot longer.
More on Mr Lipsky- pictured below
Was this politically motivated?
A French government minister said Sunday he could not rule out that IMF head Dominique Strauss-Kahn's arrest for alleged sexual assault was the result of a set-up with political motives.
"We cannot rule out the thought of a trap," Henri de Raincourt, minister for overseas co-operation in President Nicolas Sarkozy's government, said in a broadcast interview.
"I note that this has happened just after the affair of the car and the suit in a short space of time," he added, referring to sniping at the socialist presidential hopeful for using a Porsche and wearing tailor-made clothes.
Dominique Strauss-Kahn's arrest on sexual assault charges removes the toughest rival to French President Nicolas Sarkozy for the 2012 presidential race, bumping up his chances of re-election to a second term.
Had Kahn conducted himself in this fashion previously and got away with it?
Perhaps this time he miscalculated his political opponents?