Tuesday 17 May 2011

Accountability, justice and power

The millionaire head of the IMF, known to be moving the organisation in a more ‘progressive’ direction, and likely socialist candidate in the forthcoming French presidential elections, at a time when, under intense American and Chinese pressure, terms for IMF assistance to Greece are to be renegotiated and a new agreement struck with Portugal, is photographed brought into a New York court on charges of sexual molestation, handcuffed, unshaven and in an ill-fitting raincoat, to have bail set at one million dollars, as a ‘flight risk’, with the comparison made with Roman Polanski.

Could anyone imagine such a thing happening to a chief executive of one of the major international banking corporations? Indeed, why should one? Different standards hold.