Sunday, May 22, 2011

Christine Lagarde, Favored to Head the IMF, was to be in Amherst this Weekend

Christine Lagarde, who is favored to be the new head of the International Monetary Fund (IMF), was to be in Amherst this weekend to receive an honorary degree from Amherst College, but had to cancel.

This is clearly a disappointment, but as the Minister of Finance and Industry in France, she has to be available after the scandal preceding the arrest and resignation of the former head of the IMF, known as "DSK," who was expected to run for the presidency of France.

Kudos to Amherst College for having the foresight to award her an honorary degree and to invite her to Amherst, which I have called the center of the universe.

The New York Times is very positive on Lagarde and she will make history/herstory should she become the first female leader of the IMF!