Wednesday, May 25, 2011

Nouriel Roubini on the IMF Chief resignation

Nouriel Roubini Says Lagarde Will Be European Pick for IMF Chief

Nouriel Roubini , the economist who predicted the global financial crisis, talks about Dominique Strauss-Kahn's resignation as head of the International Monetary Fund and his possible successor. Roubini, says that Lagarde will be probably the European candidate and that USA will understand that because it does not want to lose the control over the World Bank traditionally run by an American while the IMF is traditionally run by a European, , Roubini also discusses Greece's debt crisis.

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