Topic: John Lipski

Christine Lagarde holds her first press conference as Managing Director of the International Monetary Fund (IMF). The hosts deconstruct her management style and her subtle criticisms of predecessor Dominique Strauss-Kahn. A Fox Business reporter's question about "too much testosterone" in the IMF building and Lagarde's lack of formal economic qualifications are highlighted.

The arrest of IMF Managing Director Dominique Strauss-Kahn (DSK) is examined as a potential political hit. The hosts compare his treatment to Al Gore's past scandals and review the official IMF schedule leading up to the incident. They highlight the roles of John Lipsky and the shift of influence toward sovereign wealth funds in Beijing versus the elite circles in Brussels.