Charles Dumas, research director at Lombard Street Research Ltd., and Stephane Deo, chief European economist at UBS AG, talk about the outlook for European debt crises and economies after charges International Monetary Fund chief Dominique Strauss-Kahn attempted to rape a hotel housekeeper. They speak with Tom Keene on Bloomberg Television's "Surveillance Midday.
At least until his next court appearance on Friday, he will be in protective custody, staying in an 11-by-13 foot cell by himself and having no contact with other inmates -- steps taken because he is considered a high-profile detainee, the spokesman said. His new neighbors will include 14,000 men and women who are being held or have been convicted for a host of violent and other crimes committed in New York City.
The environs are a sharp contrast to the $3,000-a-night Sofitel luxury suite that Strauss-Kahn, who has a reputation for enjoying a lavish lifestyle, was in Saturday. Police say the IMF chief was naked when he allegedly tried to lock the hotel employee in the suite -- which had its own foyer, conference room, hallway and living room -- and force himself on her.
Because of the incident, some pundits believe Strauss-Kahn's chances of assuming another leadership role -- president of France, a position he sought unsuccessfully in 2006 -- have suddenly gone from a strong chance to long shot, if that.
"If the accusations are true, Strauss-Kahn will not be able to run for president," said Jacques Attali, a former top aide to Socialist President Francois Mitterrand who now serves as a political analyst.
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