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In the video below, Lipsky lays out the current situation and the recent five-point plan: Initially, most thought that the problems of the small European countries could be dealt with. But it became clear last summer that they were in dire need of a...
John Lipsky, first deputy managing director of the International Monetary Fund, talks on the phone during a break from the morning session of the Economic Policy Symposium at Jackson Hole in Moran, Wyo. , Saturday, Aug. 27, 2011. View Photo »
More than two-thirds of the report's 33 pages, including most of its analysis and commentary, has been cut and pasted from internet sources. Mr Thomson's discussion of US fiscal policy turns out to be the text of a speech given by John Lipsky, first...
First Deputy Managing Director for the International Monetary Fund John Lipsky exits the Federal Reserve Bank of Kansas City Economic Policy Symposium in Jackson Hole, Wyoming August 26, 2011. View Photo »
More than two-thirds of the report's 33 pages, including most of its analysis and commentary, has been cut and pasted from internet sources. Mr Thomson's discussion of US fiscal policy turns out to be the text of a speech given by John Lipsky, first...
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Christine Lagarde, newly appointed Managing Director of the International Monetary Fund, arrives for her first day of work at IMF headquarters July 5, 2011 in Washington, DC. Lagarde replaces Dominque Strauss-Kahn as the head of the IMF, and is the first woman to head the organization. ...
View Photo »WASHINGTON - JULY 6: IMF First Deputy Managing Director John Lipsky listens while Managing Director Christine Lagarde speaks during a news briefing at the International Monetary Fund's (IMF) headquarters July 6, 2011 in Washington, DC. Director Lagarde spoke about her plans for leading...
View Photo »WASHINGTON, DC - JULY 05: Christine Lagarde (L), newly appointed Managing Director of the International Monetary Fund, is escorted by Deputy Director John Lipsky (R) after arriving for her first day of work at IMF headquarters July 5, 2011 in Washington, DC. Lagarde replaces Dominque...
View Photo »Former French Finance Minister Christine Lagarde (C) is greeted by Shakour Shaalan (L), Dean of the Executive Board of the International Monetary Fund and Deputy Managing Director of the IMF John Lipsky (R) upon her arrival at the IMF headquarters for her first day as head of the IMF in...
View Photo »Acting International Monetary Fund Managing Director John Lipsky (R) greets former French Finance Minister Christine Lagarde upon her arrival at the IMF headquarters for her first day as head of the IMF in Washington July 5, 2011.
View Photo »New IMF Managing Director Christine Lagarde, center, is greeted by Acting Director John Lipsky, right, and Tharman Shanmugaratnam, Singapore Deputy Prime Minister and Finance Minister, chairman of the International Monetary and Financial Committee, as she arrives at the IMF headquarters...
View Photo »CORRECT TO CORRECTS TO SHAKOUR SHALAAN, DEAN OF THE IMF EXECUTIVE BOARD - New IMF Managing Director Christine Lagarde, center, is greeted by Acting Director John Lipsky, right, and Shakour Shalaan, Dean of the IMF Executive Board, as she arrives at the IMF headquarters in Washington, Tuesday,...
View Photo »New IMF Managing Director Christine Lagarde, left, is greeted by Acting Director John Lipsky, right, and Shakour Shaalan, Dean of the IMF Executive Board, as she arrives at the IMF headquarters in Washington, Tuesday, July 5, 2011.
View Photo »WASHINGTON, DC - JUNE 29: (L to R) IMF Western Hemisphere Director Nicolas Eyzaguirre, IMF Acting Managing Director John Lipsky and IMF Senior Adviser Rodrigo Valdes leave a news conference after releasing the annual report on the condition of U.S economy June 29, 2011 in Washington, DC.
View Photo »WASHINGTON, DC - JUNE 29: International Monetary Fund Acting Managing Director John Lipsky speaks during a news conference to release the annual report on the condition of U.S economy June 29, 2011 in Washington, DC. The IMF announced June 28 that French Finance Minister Christine...
View Photo »John Lipsky, acting Managing Director of the International Monetary Fund, poses for a photograph prior to giving a speech at the American Academy in Berlin, Germany, Tuesday, June 21, 2011.
View Photo »John Lipsky, acting Managing Director of the International Monetary Fund, speaks at the American Academy in Berlin, Germany, Tuesday, June 21, 2011.
View Photo »International Monetary Fund (IMF) acting managing Director John Lipsky arrives for an Eurogroup meeting on June 20, 2011 at the European Union (EU) Headquarters in Luxembourg. Europe promised Monday to unblock existing bailout loans for Greece and draw up a second financial rescue as...
View Photo »Deputy Managing Director of the IMF, John Lipsky, arrives for a meeting of eurozone finance ministers in Luxembourg on Monday, June 20, 2011. European stocks and the euro are down after eurozone finance ministers came up short of a final deal to get Greece its next installment of...
View Photo »(First row from L) Ivory Coast's President Alassane Ouattara, Guinean President Alpha Conde, Russian President Dmitry Medvedev, Algerian President Abdelaziz Bouteflika, French President Nicolas Sarkozy, Senegalese President Abdoulaye Wade, US President Barack Obama, Niger's President Mahamadou...
View Photo »John Lipsky, acting managing director of the International Monetary Fund, gestures during a press conference in Beijing, China, Thursday, June 9, 2011. French Finance Minister Christine Lagarde said Thursday she is "very positive" after talks with Chinese officials about her candidacy...
View Photo »International Monetary Fund (IMF) First Deputy Managing Director John Lipsky addresses a press conference in the financial district of Shanghai on in this October 18, 2010, file photo. Lipsky said on May 12, 2011, that he will step down from his number 2 position at the IMF at the end...
View Photo »John Lipsky, acting managing director of the International Monetary Fund (IMF) speaks before press at a Tokyo hotel on June 8, 2011. The IMF lowered its 2011 growth forecast for Japan and called on the world's third largest economy to adopt 'more ambitious' measures to tackle its huge...
View Photo »John Lipsky, acting managing director of the International Monetary Fund (IMF), attends a news conference in Tokyo June 8, 2011. Japan's government should raise the 5 percent sales tax to 7 or 8 percent starting from next year to fund reconstruction following the March 11 earthquake and...
View Photo »John Lipsky (C), acting managing director of the International Monetary Fund (IMF), is surrounded by reporters after meeting with Japan's Finance Minister Yoshihiko Noda at the Ministry of Finance in Tokyo June 8, 2011. Japan must tackle fiscal consolidation to reduce its debt burden in...
View Photo »British Finance Minister George Osborne (R) and John Lipsky, acting head of the International Monetary Fund (IMF), leave after addressing a press conference at the Treasury in central London, on June 6, 2011. The International Monetary Fund said Monday it saw no reason for the British...
View Photo »Britain's Chancellor of the Exchequer George Osborne (R) and John Lipsky, acting managing director of the International Monetary Fund (IMF), leave after a news conference at the Treasury in London June 6, 2011. The IMF backed the British government's plans to reduce the budget deficit...
View Photo »LONDON, UNITED KINGDOM - JUNE 06: John Lipsky, acting head of the International Monetary Fund (IMF), speaks during a press conference at HM Treasury on June 06, 2011 in London, England. Chancellor George Osbourne and acting head of the IMF gave a news conference today, which was held...
View Photo »John Lipsky, acting head of the International Monetary Fund (IMF), speaks during a press conference at the Treasury in central London, on June 6, 2011. The International Monetary Fund said Monday it saw no reason for the British government to change its economic policy as it seeks to...
View Photo »British Treasury chief George Osborne, right, and John Lipsky, acting head of the International Monetary Fund, IMF, leave after addressing a press conference at the Treasury in central London Monday June 6, 2011. The British government should stick to its guns and continue with its...
View Photo »Christine Lagarde, newly appointed Managing Director of the International Monetary Fund, arrives for her first day of work at IMF headquarters July 5, 2011 in Washington, DC. Lagarde replaces Dominque Strauss-Kahn as the head of the IMF, and is the first woman to head the organization. ...
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