Dominique Strauss-Kahn

From MarketsWiki
Jump to navigation Jump to search
Dominique Strauss-Kahn
Dominique Strauss-Kahn - Strauss-Kahn meeting in Toulouse for the 2007 French presidential election 0032 2007-04-13.jpg
Occupation Managing Director
Employer International Monetary Fund

Dominique Strauss-Kahn served as the managing director of the the International Monetary Fund (IMF) from 2007 until 2011, when he stepped down from his position after being faced with sex crime charges.[1] On June 6, 2011, Dominique Strauss-Kahn pleaded not guilty to charges that he sexually assaulted a hotel housekeeper.[2]

Upon being selected by the IMF's board of executive directors in 2007, Strauss-Kahn indicated that he had plans to press ahead with reform of the 186-member country institution that helps oversee the global economy.[3]



Before taking up his position at the IMF, Strauss-Kahn was a member of the French National Assembly and Professor of Economics at the Institut d'Etudes Politiques de Paris. From 2001 to 2007, he was reelected three times to the National Assembly, and in 2006, he ran for the Socialist Party's nomination for the French presidential election. In 2000 and 2001, he taught economics at the Institut d'Etudes Politiques de Paris and was named visiting professor at Stanford University. He was also a personal advisor to the Secretary General of the OECD.

Earlier, Strauss-Kahn served as Minister of Economy, Finance and Industry of France from June 1997 to November 1999. In this capacity, he managed the launch of the Euro. He also represented France on the board of governors of a number of international financial institutions, including the IMF.

Between 1993 and 1997, he was in the private sector as a corporate lawyer. From 1991 to 1993, Strauss-Kahn served as Minister of Industry and International Trade, during which time he participated in the Uruguay Round of trade negotiations.

Strauss-Kahn began his career as assistant professor, then professor of economics at the University of Paris where he was tenured in 1978. He was then appointed Deputy Commissioner of the Economic Planning Agency (1981-1986). He was elected Deputy (Member of Parliament) to the National Assembly (1986), where he chaired the Finance Commission from 1988 to 1991.


On May 14, 2011, Strauss-Khan was arrested for allegedly assaulting a hotel maid in Manhattan. The IMF chief was arrested and spent the night in a New York jail cell. The New York police said Strauss-Kahn did not have diplomatic immunity and the French Foreign Ministry said it was looking into what immunity he might have. [4]

After the IMF[edit]

On March 20, 2014, Strauss-Kahn's firm, LSK & Partners, said it planned to raise $2 billion in a macro hedge fund. The venture is his first partnership with an asset manager for the DSK Global Investment Fund that will invest globally, according to Reuters. Strauss-Kahn will manage the fund with his daughter Vanessa Strauss-Kahn, an economist.[5]


He holds a PhD in Economics from the University of Paris. He also graduated in law, in business administration, in political studies, and in statistics. As an academic, his research fields include public finance, and social policy.