BREAKING NEWS: France's Lagarde Named IMF Chief

Christine Lagarde to replace Dominique Strauss-Kahn as head of International Monetary Fund, becoming the first woman to hold the position.

The International Monetary Fund on Tuesday named Christine Lagarde as its next director. Lagarde replaces Dominique Strauss-Kahn, who resigned last month after being charged with sexual assault on a New York hotel maid.
From Fox News