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Strauss-Kahn quits as IMF chief

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Strauss-Kahn quits as IMF chief

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From his prison cell in New York Dominique Strauss-Kahn finally decided to resign as head of the International Monetary Fund.

His decision came before a new bail hearing is due some time today.

Meanwhile his lawyers are preparing his defence against attempted rape charges.

Dominique Strauss Kahn’s lawyer, William Taylor visited his client in Rikers prison.

“His mood was good. It was serious, but good. He is a strong man and he’s committed to seeing this through.”

The bail being offered by Strauss-Kahn’s team is a cash payment of $1 million dollars, 24-hour confinement to his daughter’s house in Manhattan and electronic monitoring. He has also waived extradition rights.

Outside the IMF feelings were running high over perceived tolerance of predatory male behaviour in general. A group of women held a demonstration against rape.