The French economy minister said it was futile to continue castigating bankers for their role in the financial crisis, arguing that attention should shift to making sure the banks returned to their core role of financing growth. “It’s time for accountability from everybody, not for bashing,” Lagarde said at a banking conference in Paris on Tuesday. [Dealbook]
Christine Lagarde Found Guilty, But It's No “Aggravated Pimping”
Dominique Strauss-Kahn could teach the current IMF director a thing or two about resigning in disgrace.