Interview: IMF’s John Lipsky on the Euro and the Greek Aid Package

In an interview with Dow Jones Newswires, John Lipsky, First Deputy Managing Director of the International Monetary Fund, answers questions about taking action on the euro and intervention in Greece.

Also see IMF Official: Euro’s Slide Not a Problem from the Wall Street Journal’s Real Time Economics.

  1. Coldcall says

    The IMF have lost all credibility. They connived with the EU to fudge a Greek default/restructuring. Instead of insisting that Greece be allowed to leave the euro zone, devalue, and re-structure they did a dirty political deal which is crap for the Greek people, but saves face for european politicial elites.

    1. Marshall Auerback says

      This implies that the IMF had credibility before? :)

  2. Jon says

    Shouldn’t Lipsky’s mustache be sopping up oil in the Gulf right now?

    1. Marshall Auerback says

      Good idea! He needs to wax it so that he looks like one of those Simon Legree type characters, who tie women to the railway tracks. Very symbolic of what the IMF does with countries it “looks after”.

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