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Lagarde charge raises ghosts of scandal at IMF

The logo of the International Monetary Fund at the organization's headquarters in Washington, DC, May 16, 2011The International Monetary Fund is again touched by scandal with chief Christine Lagarde’s being charged in a French graft case, three years after predecessor Dominique Strauss-Kahn resigned in disgrace. The “negligence” charge against Lagarde Wednesday in a case dating back to her years as French finance minister bears little resemblance to the sexual-assault allegations from a hotel maid that led to the downfall of Strauss-Kahn in 2011. Since the beginning of the French probe, the IMF executive board has stood behind the managing director, expressing confidence in her ability to meet her responsibilities.

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