The IMF elects its first female Managing Director, Christine Lagarde, the stylish former synchronised swimmer and French Finance Minister.
The IMF elects the French Finance Minister, Christine Lagarde as its new Managing Director. Front-runner Ms Lagarde, who's used to breaking glass ceilings in the world of politics and economics, becomes the first female head of this international financial institution. A yoga and exercise enthusiast - she once represented France in synchronised swimming - she wears Chanel and treasures the simple pleasures of her rural retreat in Normandy. A healthy contrast perhaps to the challenges facing the International Monetary Fund in Europe as Greece struggles to manage its political crisis and the threat of default. Adrian Goldberg reports.