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The new man at the Fund; The IMF.(Rodrigo Rato has plenty of work to do)
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Rato scratches his head, and not for the last time
Rodrigo Rato, the IMF's incoming managing director, has plenty of work to do
THE job description is scarcely enticing: chief executive of a financial institution which has concentrated 70% of its lending on just three clients, whose corporate mission is in dispute, whose public image is poor and whose board of directors is meddlesome, quarrelsome and highly politicised. That, more or less, awaits Rodrigo Rato, until recently finance minister of Spain, who takes over as managing director of the International Monetary Fund ...
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