Saturday, October 18, 2014

Christine Lagarde

Christine Madeleine Odette Lagarde née Lallouette born 1 January 1956) is a French lawyer and Union for a Popular Movement politician who has been the Managing Director (MD) of the International Monetary Fund (IMF) since 5 July 2011. Previously, she held various ministerial posts in the French government: she was Minister of Economic Affairs, Finance and Employment and before that Minister of Agriculture and Fishing and Minister of Trade in the government of Dominique de Villepin. Lagarde was the first woman to become finance minister of a G8 economy, and is the first woman to head the IMF.

A noted antitrust and labor lawyer, Lagarde became the first female chairman of the international law firm Baker & McKenzie. On 16 November 2009, the Financial Times ranked her the best Minister of Finance in the Eurozone. On 28 June 2011, she was named as the next MD of the IMF for a five-year term, starting on 5 July 2011, replacing Dominique Strauss-Kahn. Her appointment is the 11th consecutive appointment of a European to head the IMF. In 2014, Lagarde was ranked the 5th most powerful woman in the world by Forbes magazine. Lagarde was born in Paris, France, into a family of academics. Her father, Robert Lallouette, was a Professor of English; her mother, Nicole, was a Latin teacher. Lagarde and her three brothers, all younger, spent their childhood in Le Havre where she attended the Lycée François 1er and Lycée Claude Monet. As a teenager, Lagarde was a member of the French national synchronised swimming team. After her baccalauréat in 1973, she went on an American Field Service scholarship to the Holton-Arms School for girls in Bethesda, Maryland. During her year in America, Lagarde worked as an intern at the United States Capitol, as Representative William Cohen's congressional assistant, helping him correspond with his French-speaking constituents during the Watergate hearings. She graduated from Paris West University Nanterre La Défense, where she obtained Master's degrees in English, labor law, and social law. She also holds a master's degree from the Institut d'études politiques d'Aix-en-Provence. Since 2010, she has presided over Sciences Po Aix's board of directors. She also prepared for École nationale d'administration's entrance exam but ultimately failed to gain admission to the elite public administration school.

Lagarde is divorced and has two sons, Pierre-Henri Lagarde (born 1986) and Thomas Lagarde (born 1988). Since 2006, her partner has been the entrepreneur Xavier Giocanti from Marseille. A vegetarian, who very rarely drinks alcohol, Lagarde's hobbies include regular trips to the gym, cycling, and swimming.

Professional career

Lagarde joined Baker & McKenzie, a large Chicago-based international law firm, in 1981. She handled major antitrust and labor cases, was made partner after six years and was named head of the firm in Western Europe. She joined the executive committee in 1995 and was elected the company's first ever female Chairman in October 1999. In 2004, Lagarde became president of the global strategic committee.

Ministerial career

As France's Trade Minister between 2005 and May 2007, Lagarde prioritized opening new markets for the country's products, focusing on the technology sector. On 18 May 2007, she was moved to the Ministry of Agriculture as part of the government of François Fillon. The following month she joined François Fillon's cabinet in the Ministry of Economic Affairs, Finance and Employment to become the first woman ever in charge of economic policy in France.

International Monetary Fund


On 25 May 2011, Lagarde announced her candidacy to be head of the IMF to succeed Dominique Strauss-Kahn upon his resignation. Her candidacy received the support of the British, Indian, United States, Brazilian, Russian, Chinese and German governments. The Governor of the Bank of Mexico (and former Mexican Secretary of Finance) Agustín Carstens was also nominated for the post. His candidacy was supported by many Latin American governments, as well as Spain, Canada and Australia. On 28 June 2011, the IMF board elected Lagarde as its next managing director and chairman for a five-year term, starting on 5 July 2011. The IMF's executive board praised both candidates as well-qualified, but decided on Lagarde by consensus. Lagarde became the first woman to be elected as the head of the IMF. Carstens would have been the first non-European. Her appointment came amid the intensification of the European sovereign debt crisis especially in Greece, with fears looming of loan defaults. The United States in particular supported her speedy appointment in light of the fragility of Europe's economic situation. U.S. Treasury Secretary Timothy Geithner said that Lagarde's "exceptional talent and broad experience will provide invaluable leadership for this indispensable institution at a critical time for the global economy." Nicolas Sarkozy referred to Lagarde's appointment as "a victory for France." Oxfam, a charity working in developing nations, called the appointment process "farcical" and argued that what it saw as a lack of transparency hurt the IMF's credibility.


In July 2010, Lagarde told the PBS NewsHour that the IMF's lending program for distressed European countries was "a very massive plan, totally unexpected, totally counter-treaty, because it wasn't scheduled in the treaty that we should do a bailout program, as we did." She also said, "we had essentially a trillion dollars on the table to confront any market attack that would target any country, whether it's Greece, Spain, Portugal, or anybody within the eurozone." With respect to the French economy, she stated that besides short-term stimulus efforts: "we must, very decisively, cut our deficit and reduce our debt."

In public remarks made right after her appointment, Lagarde stated that both the IMF and EU required Greek austerity measures as a prerequisite for further aid. She said, "If I have one message tonight about Greece, it is to call on the Greek political opposition to support the party that is currently in power in a spirit of national unity." She said of her predecessor that: "The IMF has taken up the challenges of the crisis thanks to the actions of Dominique Strauss-Kahn and to his team as well." On 25 December 2011, Lagarde argued that the world economy was at risk and urged Europeans to unify in terms of the debt crisis facing the continent. Questioned about her economic philosophy, Lagarde has described herself as "with Adam Smith—that is, liberal." "Payback" controversy In an interview with The Guardian in May 2012, Lagarde was asked about crisis-stricken Greece and replied: "Do you know what? As far as Athens is concerned, I also think about all those people who are trying to escape tax all the time. All these people in Greece who are trying to escape tax." Even more than she thinks about all those now struggling to survive without jobs or public services? "I think of them equally. And I think they should also help themselves collectively." How? "By all paying their tax. Yeah." It sounds as if she's essentially saying to the Greeks and others in Europe, you've had a nice time and now it's payback time. "That's right." She nods calmly. "Yeah." Her comments provoked controversy: Evangelos Venizelos said she had "insulted the Greek people", while Alexis Tsipras declared: "We don't need her compassion." In an effort to quell the negative response, the next day Lagarde updated her Facebook page with: "As I have said many times before, I am very sympathetic to the Greek people and the challenges they are facing." Within 24 hours, over 10,000 comments had been left in response, many of them obscene.

In July 2012, as the Greek economy continued to decline, and the country's leaders asked for an easing of the terms of external assistance, Lagarde said she was "not in the negotiation or renegotiation mood at all." A year later, though, with her own organization conceding that its "rescue" package for Greece had fallen short of what was required, Lagarde—having previously said that Greece's debt burden was "sustainable"—decided that Greece would not recover unless its debt was written off in a meaningful way.

The Lagarde list

In 2010 Lagarde, then Finance Minister of France, sent a list of 1,991 names of Greek customers with bank accounts at HSBC's Geneva branch to the Greek government. On 28 October 2012, Greek reporter and editor Kostas Vaxevanis claimed to be in possession of the list and published a document with more than 2,000 names in his magazine Hot Doc. He was immediately arrested on charges of breaching privacy laws with a possible sentence of up to two years in prison. After a public outcry, Vaxevanis was found not guilty three days later. According to the New York Times, as of late-October 2013, Vaxevanis faces a retrial, while the Greek authorities have yet to charge anyone on the list.

Investigation into alleged misuse of power

On 3 August 2011, a French court ordered an investigation into Lagarde's role in a €403 million arbitration deal in favour of businessman Bernard Tapie. On 24 May 2013, after two days of questioning at the Court of Justice of the Republic, Lagarde was assigned the status of "assisted witness", meaning that she was not herself under investigation in the affair. According to a press report from June 2013, Lagarde has been described by Stephane Richard, the CEO of France Telecom (a former aide to Lagarde when she was Finance Minister), who has himself been put under formal investigation in the case, as having been fully briefed before approving the arbitration process which benefitted Bernard Tapie. Subsequently in August 2014 the Court of Justice of the Republic announced that it had formally started a negligence investigation into Lagarde's role in the arbitration of the Tapie case.


Attention: Beneficiary

I am sorry for my late response towards your unpaid fund which Dr. Kahn placed it ONHOLD when he was on sit before his resignation. Firstly we introduce this commission, INTERNATIONAL MONETARY FUND (IMF), we fight cuber crime, Internet fraud, scam and money laundering in any part of the world, Our commission has been in existences since 2002 and our duty is to stop internet fraud. We have over 7,500 of them in our jails around Africa and we are still looking for these internet fraudsters and we are aware that a lot of foreigners have been deceived and huge amount of money has also been lost to this fraudsters after promising you percentages in their letters for you to help them move funds and they will end up demanding for money from you and in return you will get nothing. The Leaders of the Africa Crime fighters, INTERNATIONAL MONETARY FUND (IMF) has come together to inform the world what is going on now and we have recovered over $422 Million Dollars (Four Hundred and Twenty two Million Dollars) from the people we have apprehended. The reason we are writing you this letter is because your name was given to us by one of the fraudsters in our detention room after serious investigation and our aim is to refund all lost fund to its legitimate owner. However, It is my pleasure to inform you that i have your file on my desk as the new appointed IMF director and i will look forward to hearing from you soon for further question and information before releasing your fund to your designated bank account.

You can know more about me here:

I wish you and your family wondeful day

Your's Faithfully,

Mrs Christine Lagarde
Director, IMF

This email is free from viruses and malware because avast! Antivirus protection is active.

Attention: Sole Beneficiary,

Attention: Sole Beneficiary,

We have finally succeeded in getting your package worth of $3.6million out on delivery to you via consignment with the help of Mr James George Attorney General of Federal High Court of Justice BENIN REPUBLIC which act as your foreign Attorney representative here in BENIN REPUBLIC. So every necessary arrangement has been made successfully with the Agent Owen Samuelson of the Consignment Box and every Documents guiding your delivery is well updated so you are advice to re-confirm your full delivery information to the Agent right now as he is currently at JFK International Airport, New York, (USA) with your Consignment Box, As he called me this morning to inform me that he misplaced your delivery address which he had. So you are advice to reconfirm your full delivery information to the diplomat and E-mail him with this mail address { } so as to have easy conversation with him and to enable you give him full direction to get your Consignment Box delivered to you and hand you over your Consignment Box safe and sound, Furthermore you are advice to be very fast as the Agent Owen Samuelson has no much time to waste due to his flight ticket, So the Information you are Required to Reconfirm to the Agent is as Follow:

(1)Your Full Name============= (2)Mobile Phone Number====== (3)Current Home Address======== (4)Fax Number================ (5)Country==================== (6)City====================== (7)Nearest Airport ==============As he is at JFK International Airport, New York, (USA) right now because of the Searching and Scanning of the Consignment which made him to misplace your address. (8)A Copy of Your I D For Identification.driving license So contact him via his email address,

Contact person:

Name- Agent Mr. Owen Samuelson
E-mail Address ( )

So contact him to deliver your Consignment box to you today, So get back to us immediately you communicate with the Agent to make sure that your fund has gotten to you without any hitch, Furthermore remember the Agent delivering the Consignment Box does not know that the content of the consignment box is money, Because the Attorney which represented you registered it as a family value to avoid hitch during the delivery so unknown circumstances should you let him know that the content of that consignment box is money to avoid lost of your fund as your Consignment was Sign and Stamp by Federal Ministry of Justice to make sure that it is protected until it gets to you.

Rev.Dr. Peter Godwin
Mobile: (+229) 61669757


Dear Winner,

This is to inform you that you have been selected for a prize of a brand new 2014 Model BMW 7 Series Car and a Check of $2,500,000.00 USD from the international balloting programs held in the UNITED STATE OF AMERICA. The selection process was carried out through random selection in our computerized email selection system (ESS) from a database of over 250,000 email addresses drawn from all the continents of the world which you were selected. The BMW Lottery is approved by the British Gaming Board and also Licensed by the International Association of Gaming Regulators (IAGR). To begin the processing of your prize you are to contact our fiduciary claims department for more information as regards procedures to the claim of your prize.

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Contact him by providing him with your secret pin code Number BMW:2551256003/23. You are also advised to provide him with the under listed information as soon as possible:

1. Name In Full :
2. Residential Address :
3. Nationality :
4. Age :
5. Occupation :
6. Direct Phone :
7. Present Country :
8. Email address :
9. pin code Number BMW:

Mrs. Rachael Adams.

Are you a social parasite ?

NOTE : Joseph Valenz
NOTE : Hello


Message : Greetings social parasites!!!

Are you a social parasite... ? Check the list...

Wonderful News


This is to inform you that you have been deceived by the so called Nigerian Officials and other ECOWAS African countries for long. They have extorted enough of your hard earned money from you and it is time to say enough is enough to that.

The Federal Government in conjunction with ECOWAS leaders has set up this committee to ensure that all beneficiaries are paid their long over due funds without asking you to pay any dime, you are not going to pay any money. Therefore, I am sending this email to inform you that your funds will be paid to you without asking you to pay any fee for anything whatsoever.

We are very sorry for your ugly experiences in the hands of these Fraudsters criminals. You are required to get in touch with this office urgently to direct you further on how to receive your funds unconditionally you will not pay any money upfront.
Your urgent response is highly expected.

Peter Smith

{Spam?} Hello

United Nations Fund Release Department
London-United Kingdom
Tel/Fax: +447031962581
Our Rrf: Rfs/Rf D/xxx2013


REF/PAYMENTS CODE: 02096/ (US$5,000,000.00)

The office of United Nations Fund Release Department London hereby write to confirm to you that we received notification from the office of Mr.Ban Ki-moon,U.N Secretary-General to release your approved part payment of US$5,000.000.00 to your designated bank account.We have verified The Fund Authenticity, and we have been able to confirm that the FUND is 100% LEGAL. And the money must be successfully confirmed in Your Bank Account. And you are legally entitled to receive a sum of US$ 5,000.000.00 (FIVE MILLION UNITED STATE DOLLARS). We also authenticate the fact that your entitled amount of US$5,000.000.00 is safe for immediate remittance to your own designated Bank Account, All necessary official modalities are being finalized in your favor and the remittance Director , shall communicate with you with great success within the next few hours you comply firstly with this instruction given in this letter.The information has been programmed in our system for final remittance of your Fund through our paying bank. However,for legalization of your fund release documents and to certify the verification of your Fund remittance,You are required to send as required below;

Your Full Name:
Your Address:
Telephone Numbers:
Your Occupation:
Your Age/Gender:
Your Marital Status:
Your scanned copy of ID Card:
Your Bank Account Details And Your Bank Address:

You are to quickly forward it to this office of United Nations Fund Release department London immediately.At the receipt of your aforementioned details, we will notarize your file, certify your Fund for immediate remittance and credit your nominated Bank Account within 24hours. Send your reply to this email:( ) OR Tel/Fax:+447031962581

Congratulations in advance!

Thank you.

Yours faithfully,
Mrs. Rosemary Goodnews
Director of Operations
United Nations Fund Release Department
London United Kingdom