By Ben Dover

After an emergency meeting of its Board of Governors on Sunday afternoon, the International Monetary Fund announced that it would sell gold to raise bail for its managing director, Dominique Strauss-Kahn, charged Saturday with raping a hotel chambermaid in New York.

The IMF’s first deputy managing director, John Lipsky, taking over while Strauss-Kahn was held in a lockup in Harlem pending a court appearance, defended his boss. “The maid was Argentinian,” Lipsky said, “and you know how those people are about repaying their international loans. Dominique probably couldn’t help it. Force of habit, you know.”

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