IMF Chief Dominique Strauss-Kahn resigns ....

 Frenchman Dominique Strauss-Kahn resigned as IMF chief saying he wanted to devote "all his energy" to fighting sexual assault charges in New York.

In his resignation, Dominique Strauss-Kahn wrote that this was a tragic day in his life. Dominique Strauss is a popular personality in France. He has also been serving as French finance minister.
          

IMF Chief Dominique Strauss-Kahn Denied Bail in Sex Assault Case.....

International Monetary Fund chief Dominique Strauss-Kahn was ordered held without bail in a sex assault case after an appearance in a New York City courtroom Monday. Attorneys representing Mr. Strauss-Kahn, who has been charged with sexually assaulting a chamber maid at a Manhattan hotel, argued that their client was not a flight risk and was prepared to post a $1 million bail package.