What Really Happened To Osama
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A rival lawmaker also alleged, without offering evidence, that Dominique Strauss-Kahn had victimized several maids during past stays at the luxury Sofitel hotel near Times Square. McConnell, the prosecutor, said in court Monday that New York authorities are investigating at least one other case of "conduct similar to the conduct alleged" at the Sofitel.
Also this afternoon from the NY Post, new details emerge.
Video - DSK does the NYC perp walk...
Bail Denied for IMF Chief
A New York judge has ordered the head of the International Monetary Fund, Dominique Strauss-Kahn, to be remanded in custody after prosecutors expressed fears that he might flee to France to escape charges of sexually assaulting a hotel maid.
The judge, Melissa Jackson, refused a request for bail, agreeing that Strauss-Kahn, who was pulled off a Paris-bound plane on Saturday and charged with a criminal sexual act, attempted rape and unlawful imprisonment, represented a flight risk.
His defence lawyers said Strauss-Kahn denied the charges, and one of them, Ben Brafman, said it was "quite likely he will be exonerated". Earlier they said Strauss-Kahn had agreed to undergo scientific and forensic tests and intends to "vigorously" defend himself.
The prosecution on Monday compared Strauss-Kahn to Roman Polanski, the film director who fled the US in 1978 after pleading guilty to unlawful sexual intercourse with an underage girl. Prosecutors said they were investigating an additional incident, without specifying what it related to, and that they were waiting for the forensic information from the hotel.
The defence offered $1m (£618,000) bail and said the IMF chief was prepared to reside with his daughter in Manhattan and wear an electronic bracelet. But the judge refused.
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Here's a nugget from another story. Our question is 'tax-free' where?
In France or the U.S.?
Dominique Strauss-Kahn: from $3,000-a-night suite to police cell
The former French finance minister, who as IMF head earns $420,930 a year tax free, was taken to a police holding cell in Harlem. Reporters from across the world massed outside and, at 3am, a police spokesman confirmed Strauss-Kahn had been charged with a criminal sexual act, attempted rape and unlawful imprisonment.
Capitalism is supposed to produce losses on bad investments. But all too often it has not. In Tokyo this week, corporate executives were outraged when a Japanese government official suggested that banks might have to take losses on loans to the company that produced a nuclear catastrophe.
Dominique Strauss-Kahn, center, departs a New York Police Department precinct on his way to Manhattan Criminal Court in New York late Sunday.
Updated on May 14, 2011 at 9:18 PM by Dr. Pitchfork
Updated on May 15, 2011 at 12:29 PM by DailyBail
Updated on May 15, 2011 at 10:26 PM by DailyBail
Goldman and Morgan Stanley are reportedly planning to set up yuan-dominated private equity funds in China.
Strange bedfellows. I've said it since day 1. Krugman was right about the bailouts and wrong about everything else. In his latest column, he's right again. And then horribly, horribly wrong.