Power Corrupts & Economic News

If you haven’t been awake the past week, you might not have noticed the soap opera-like tale of the now former head of the International Monetary Fund, Dominique Strauss-Kahn (or DSK as he is known). DSK used to be a very powerful individual. One who would meet with heads of nations as an equal. His fiefdom, the IMF was a major supranational organization which doled-out billions to nations needing credit. Now, DSK is sitting in a luxurious apartment in Manhattan under house arrest awaiting trial on charges of sexual assault. Read more