How the mighty fall at times. The head of the IMF, Dominique Strauss-Kahn, a man with more power than our entire political 'elite', was arrested on board a plane bound for France over the weekend after a maid at a $3000 a night hotel in Manhattan made serious allegations against him.
DSK as he is known in the French media was subsequently charged with various counts including attempted rape and bail was denied until at least his next court appearance this coming Friday. One suspects he will be granted it then, but not before the American media have their own little field day.
Strauss-Kahn was fore runner to be the Socialist Candidate in the French Presidential election next year, but this episode puts pay to any long-held hopes of becoming French president. The allegations alone are damaging enough as DSK is known to be a bit of a philander at the best of times. Thrice married, he has had to apologise for infidelity misdemeanours before.
But it's a case in 2007 which makes these allegations more damaging. French writer Tristian Banon made accusations against him then, when she alleged he attempted to rape her in 2002, though she did not proceed with charges against him fearing she would not be believed. Rumours are abound today that she will now proceed.
Strauss-Kahn faces life imprisonment if found guilty of the charges. It comes at a time when the future of the Euro remains a concern with Greece on the brink of default, despite an IMF bailout. European Finance ministers are meeting today in secret to trash out how they should proceed to inflict pain on society and drive down living standards of ordinary people so banking fat cats can continue to swan around the globe with all the trappings of your taxpayer money. Democracy at its finest!