Dominique Strauss-Kahn has resigned as head of the International Monetary Fund, saying he needs to devote all his energy to fight charges that he sexually assaulted a hotel maid. IMF statement on resignation
IMF leadership 'should reflect emerging markets'
Dominique Strauss-Kahn, a wealthy French politician accustomed to high living and globe-trotting, wants off Rikers Island, known as one of America's largest and roughest jail complexes.
Text of Dominique Strauss-Kahn's letter of resignation as managing director of the International Monetary Fund, as released Wednesday by the IMF:
Investigators cut out a piece of carpet in a painstaking search of a penthouse suite for DNA evidence that could corroborate a hotel maid's claim that IMF chief Dominique Strauss-Kahn tried to rape her.
Dominique Strauss-Kahn today informed the Executive Board of the International Monetary Fund (IMF) of his intention to resign as Managing Director with immediate effect.
Dominique Strauss-Kahn resigned as head of the International Monetary Fund, the IMF said in a statement, as he faces charges of sexual assault and attempted rape.IMF statement on resignation
Chinese economist to replace Strauss-Kahn?
Defense lawyers for IMF chief Dominique Strauss-Kahn, who is charged with trying to rape a hotel maid, want him released on $1 million cash bail and placed under 24-hour home detention with electronic monitoring, court papers showed on Wednesday.
IMF chief Dominique Strauss-Kahn for a second time will request release on $1 million cash bail on Thursday and placement under 24-hour house arrest while he awaits trial on charges of attempting to rape a hotel maid, his lawyers said.
Dominique Strauss-Kahn faced growing pressure on Tuesday to quit as head of the IMF after his arrest on attempted rape charges, as some French politicians expressed outrage over his treatment by US authorities.
IMF chief Dominique Strauss-Kahn was denied bail and sent to New York's notorious Rikers Island jail on Monday, a crushing blow as he fights charges that he assaulted and tried to rape a hotel maid.
Succession battleTimelineNew scandal
IMF chief Dominique Strauss-Kahn was placed under a suicide watch in jail, while pressure mounted on him to resign Tuesday.
France confirms consular contact with IMF chief
Politicking steps up to replace IMF's Strauss-Kahn
Former International Monetary Fund chief Dominique Strauss-Kahn has shed little public light on his account of what happened between him and a hotel housekeeper who accused him of sexually attacking her. But in a potentially revealing hint, one of his lawyers has said he doesn't expect the evidence will show a forcible encounter.