16 May, 2011

Thoughts on DSK

- At his bail hearing DSK looked dreadful. Gone was the soigné performer who topped up his perfume twice a day, the confident chaud lapin ladies' man. I was reminded of PG Wodehouse’s description of one of his characters... ‘He stared ahead, like a man who has drained the cup of life to its lees and found a dead mouse at the bottom’

- There will be a lot of stuff in the French and European Press about hick Americans having it in for the European haut monde, but I wouldn’t have granted him bail. They had to hoick him off a flight to a country with no proper extradition arrangements. Once he made it to France it would take a Presidential order to extradite him back to the USA, and if they kept that paedophile film director Polanski they would keep DSK (now he has been ruined).

- If Sarkozy has been behind this it might occasion him some regret: it is only a tradition that Europe gets the post of head of the IMF (the Americans get the World Bank) and the increasingly powerful developing countries are jealous of this. They also think too much attention and money has been given to Europe recently rather than to other more needy countries. Now is their chance to upset this applecart, and they have some good candidates.

- We don't yet know what John Lipsky, DSK's deputy, thinks about the bailouts of Greece and Portugal

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