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Wednesday, May 25, 2011

Lawmakers Concerned About Ex-IMF Director's 'Golden Parachute' - FoxNews.com

Lawmakers Concerned About Ex-IMF Director's 'Golden Parachute' - FoxNews.com: "The former head of the International Monetary Fund accused of sexually assaulting a New York hotel maid will receive a $250,000 severance payment -- paid in part courtesy of the American taxpayer -- unless U.S. lawmakers can stop the 'golden parachute' from landing in the French politician's bank account.

The IMF claims it has no discretion in the matter of Dominique Strauss-Khan, who was already pulling down nearly $500,000 as managing director when he resigned after being arrested in New York. The one-time severance, along with a much smaller annual pension, was part of his contract."

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