To quote Larry Kudlow: Free market capitalism is the best path to prosperity! Matters of business and free enterprise are discussed on this blog. Included are company press releases, 3rd party news articles and videos, articles and videos pertaining to small business, and white collar crime.
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Wednesday, August 27, 2014
IMF chief Lagarde under investigation in France - Aug. 27, 2014
Christine Lagarde, the head of the International Monetary Fund, has been placed under formal investigation in France for her alleged involvement in a long-running fraud case.
Under French law, a formal investigation means prosecutors believe they have serious evidence implicating a suspect in a crime. It does not necessarily lead to charges or a trial.