…from the quill of Antisthenes the Younger
For ordinary denizens of this world she is just a name somewhere on the periphery of important matters, a name like Obama, Abbott, Oprah or Aadwark. The sport-minded people may recall her from synchronised swimming for the French national team. Her career progressed swimmingly since then. In 1973, she went on a scholarship to the Holton-Arms School for girls in Maryland. During her time in America she worked as an intern at the United States Capitol. Upon her return, she graduated from Paris West University Nanterre La Défense (Master’s degrees in English, labour law, and social law), though she failed to gain admission to the elite public administration school École nationale d’administration.
Christine Madeleine Odette Lagarde, née Lallouette, born 1 January 1956, is an antitrust and labour lawyer, a politician who was Minister of Economic Affairs, Finance and Employment, Minister of Agriculture and Fishing and Minister of Trade and the chairman of the international law firm Baker & McKenzie. Since July 2011 she is the chief dispenser of other peoples’ money a.k.a the Managing Director of the International Monetary Fund. Twice divorced Roman Catholic, being relatively competent she is not often complaining about misogyny as some other prominent women.
In an interview with The Guardian in May 2012, Lagarde was asked about Greece: “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.”
“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.”
Highly commendable sentiments from someone who does not pay any tax:
Lagarde receives a pay and benefits package ($467,940 a year plus $83,760 additional allowance a year) worth more than American president Barrack Obama earns from the United States government, and he pays taxes on it. She is also entitled to a pay rise on 1 July every year during her five-year contract.
Since August 2011, Lagarde was investigated about her role in a €403 million arbitration deal in favour of businessman Bernard Tapie. Lagarde has been described by Stephane Richard, the CEO of France Telecom (a former aide to Lagarde when she was Finance Minister), as having been fully briefed before approving the arbitration process which benefited Bernard Tapie. “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. “After three years of investigation and dozens of hours of interrogation, the committee concluded that I had not been guilty of any infraction, so it was reduced to claiming that I had been insufficiently vigilant during the arbitration,” Lagarde said in a statement released on 27 August 2014.”
Lagarde was portrayed by actress Laila Robins in the 2011 television drama Too Big to Fail, based on the book of the same name by New York Times journalist Andrew Ross Sorkin.
Yes, some hypocrites are too big to fall.