The IMF and quite likely the world economic system, has been thrown into disarray after the arrest in New York of the CEO of the IMF Dominique Strauss-Kahn.
Today's talks between German Chancellor Angela Merkel and Strauss-Kahn, about the Euro crisis, have been cancelled.
Well run organisations should have a secession plan in place, in the event of the "incapacity" of senior executives.
The IMF will now have to dust it off and implement it, assuming that it has one.
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