Tag Archives: Dominique Strauss-Kahn

Lagarde, IMF and Adidas.

The selection process for the next International Monetary Fund (IMF) Managing Director kicked-off yesterday and will finish on June 10th.

Coincidentally, that is exactly the same date on which  the front-runner for the post, France’s Christine Lagarde will learn whether she is to be investigated for “abuse of power”. Currently, Lagarde has not yet confirmed whether she intends to compete for the job but she is already the favourite to replace Dominique Strauss-Kahn.

She has gained a reputation as a “doer” and her decision in 2007 to put a stop to a protracted legal battle could result in her being prosecuted for “abuse of power”.

The former head of Adidas, Bernard Tapie had been waging a court battle for nearly 20 years. He had accused French bank Credit Lyonnais of mishandling the 1993 sale of his company and cheating him. Christine Lagarde stepped-in and ordered that a panel of judges should investigate the case.

A year later, the judges decided in Tapie’s favour and ruled that he should receive £248 in damages.

Credit Lyonnais had gone to the wall and was being administered by a state-operated consortium. That meant that in effect, Tapie’s payout was made from public funds.

Left wing politicians and French Green MEPs have wasted no time in claiming that Lagarde behaved improperly and had exceeded her authority.  They have questioned the legality of her actions  and there has been suggestion that she may have been acting on orders from ther Elysee Palace. The beneficiary of the judges’ ruling, Bernard Tapie was a well-known  Sarkozy supporter. It is that which lends credence to the accusation of Sarkozy having influenced Lagarde’s decision.

Christine Lagarde ought to be lauded for using common sense in ending a legal case which was not showing any sign of being concluded. As usual, it was only the lawyers who were benefiting.

Hopefully, when she is Managing Director of the IMF, she continues to demonstrate the pragmatism and common-sense of a leader and not the stuporous thinking of the average bureaucrat or the  furtive back-room well-nigh masonic style of the senior banker.

Strauss-Kahn Alpha Male.

 

Bilderberger, banker, former Finance Minister and prospective French presidential hopeful – all in one handy package – with the prospect of much more to come! Does it get any better than this?

Remember the gradual “coming-out” of Tiger Woods’ victims/conquests/opportunists? At first, it all seemed like a minor tremor but once the newspapers and TV had  trained their collective beady eye on the story, the proper eruption began. Months later, the tremors have more-or-less died down but his career is still affected by the fallout.

IMF Head,  Dominique Strauss-Kahhn has already been hit by a similar media earthquake.  Now, it is only the small matter of the aftershocks – how many and how severe.

First in the queue after the alleged New York Hotel assault will be French journalist Tristane Banon, who claims to have been assaulted by Strauss-Kahn four years ago. She  is the only one so far who is “considering” legal action but there are doubtless other lovelies awaiting the offer of services from a good PR man so that they too can cash-in.  Some of the claims will be true, others at best will be exaggerations. The rest will be lies. 

But what motivates a man such as this? Surprisingly, the behaviour is part of a sub-set of predispositions which define the Alpha Male. Saddam, Gaddafi and others who climbed or fought their way to their own position of power are the alpha males. Their extreme behaviours are no more than manifestations of their self-belief and  delusions of invincibility – or untouchability. Many of us cannot understand their behaviour because it is difficult to conceive extreme power without having experienced it.

Most ambitious men aspire to being alpha males – we call it ‘ambition’. Many act like alpha males for years before they actually ‘make it’. Books have been written on how to become an alpha male. It is something that many men covet because of the glittering prizes which await the true leader of the herd. What they do not realise is that once they have completed the journey, what awaits them is even more spectacular and seductive than they ever visualised. If religion is the opiate of the masses, power is the narcotic of the alpha.

But there’s always a downside: Once  they are the No 1, the only way out is either disgrace or destruction. Retirement is not an option – not for the true alpha.

In the animal kingdom, the alpha male eats first and mates first but he is always having to defend and fight for the privilege. Physical prowess is what sustains the alpha male but as he becomes older, it is inevitable that sooner or later he will be challenged by a younger, stronger male who will defeat him.

In the human world, the physical challenge has been sublimated into a self-destruct button which the corporate or political alpha always carries with him. For example, here in the UK, trainee alpha male Chris Huhne has just had his own destruct button pressed for him.

Very successful men – without exception have very high sex-drives. Whether it has something to do with money or whether it is power, doesn’t matter. It exists. It is not an excuse for naughtiness but it is certainly a major  contributor. It is that power-fuelled sex drive which is very often  their personal self-destruct button.

Over the years, I have met many high-powered individuals who travel the world, dispense life-changing decisions and who are hero-worshipped by their underlings. Most are married and most (not all) engage in extra-marital sex of one sort or another. Sex to them is a normal bodily function and a right. On the rare occasions when it is not given to them, their self-adulation tells them that they are able to help themselves.

There is always an element of ‘exponential decay’ in any couple’s sex-life. Unfortunately, by the time most men achieve professional power and their sex-drive  reverts to the warp-speed last experienced when they were 17  (obligatory and perfectly natural for an alpha male), their wife is either not there or possibly not as interested as he is.

Alpha men stray from their wives for what they perceive to be better (and sometimes younger ) sex, in part driven by the alpha-urge to populate the herd by spreading those alpha genes. 

How many times have you heard women saying to each other “He left his wife for THAT woman. Look at her!” It happens more than you think and it is a generally accepted fact that the most successful men are on (at least) their second or third partner.

Alpha men do not always stray for a better-looking woman because the whole phenomenon has little to do with looks. It is about sex. I am not suggesting that for instance, those ‘doyens of dirt’- the Rock stars who have shagged their way through a statistically significant slice of the female population are in any way not responsible for their actions – but they suffer from the same syndrome. It is NOT an illness – it is life. They are the alpha males in that particular environment.

Currently, Mr Strauss-Kahn’s sex-drive will be very very low. That’s because he will not be experiencing the ‘highs’ of power which have been driving his libido. In one day, he moved from a fully self-actualised Alpha Male to  someone whose self-esteem has been ripped from him and who is now fighting for his freedom . 

Within the last few hours, he will have realised that his professional life may well be over.

He, like many others who have tasted power and acclaim, has defeated himself.

 

STOP PRESS: Arnold Schwarzenneger has just confessed to fathering a child with an employee.