zero hedge notes that DSK has been bailed out of jail and remains under palace arrest:
A brief description of the 4 bedroom, 4.5 bathroom townhouse which was recently listed by StreetEasy as costing $13.995 million.
You should click through for a glimpse of his humble accommodations in Tribeca.
Greg Mankiw notes that Stanley Fischer is a candidate to replace DSK. Mankiw offers this assesment:
I have known Stan for many years. I first took a graduate course from him at MIT in 1980, and he was the main adviser for my PhD dissertation a few years later. He also took the lead in 1987 in trying to recruit me, unsuccessfully, to leave Harvard to join the MIT faculty. Saying no to Stan was one of the hardest things I ever did.Stan is a superb economist and international policymaker: smart, sensible, experienced, personable, and open-minded. He would be an ideal person to head the IMF.