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Interview: IMF’s John Lipsky on the Euro and the Greek Aid Package

In an interview with Dow Jones Newswires, John Lipsky, First Deputy Managing Director of the International Monetary Fund, answers questions about taking action on the euro and intervention in Greece.

Also see IMF Official: Euro’s Slide Not a Problem from the Wall Street Journal’s Real Time Economics.

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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College. Edward also writes a premium financial newsletter. Sign up here for a free trial.

8 Comments

  1. Coldcall says:

    The IMF have lost all credibility. They connived with the EU to fudge a Greek default/restructuring. Instead of insisting that Greece be allowed to leave the euro zone, devalue, and re-structure they did a dirty political deal which is crap for the Greek people, but saves face for european politicial elites.

  2. Jon says:

    Shouldn’t Lipsky’s mustache be sopping up oil in the Gulf right now?

    • Good idea! He needs to wax it so that he looks like one of those Simon Legree type characters, who tie women to the railway tracks. Very symbolic of what the IMF does with countries it “looks after”.