IMF Head Lagarde Convicted Of Negligence, Faces No Jail Time(Of Course); IMF Board To Meet Shortly

Monday, December 19, 2016
By Paul Martin

by Tyler Durden
Dec 19, 2016

IMF Managing Director Christine Lagarde was found guilty of one count of negligence by a French court today, according to Bloomberg News. She was accused of failing to prevent a massive government payout to businessman Bernard Tapie eight years ago, while serving as France’s finance minister, but most surprising, she will face no fine or jail sentence.

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