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The principle function of this institution is lending USD to sovereign governments on terms and conditions ("structural adjustment programming") which have not produced desirable "development" goals of the borrowers' constituencies.
The odious World Bank is a subsidiary of the IMF. Few care who is the chief of the WB. The principle functions of this institution is (1) lead generation to borrowers and (2) supplementary IMF loan creation and reporting.
Lagarde publicized receipt of the "Lagarde List" CD of internat'l tax evaders (2010) from the Ministry of Finance, France.
Lagarde succeeded the perv Dominique Strauss-Kahn ("DSK") mid-term 2011.
Lagarde has ambiguously defended restructured IMF "odious debts" from her office, following some agitation in the ranks.
Lagarde has exquisite taste in jewelry and an inexplicably even, permanent "Coco" complexion.
Other than that ...
Diversity is the key to economic and political evolution.
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