PRESS RELEASE

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Behind the Strauss Kahn
Soap Opera: A War Is Raging
Over the Collapse of the EMU

May 18, 2011 (EIRNS)—A senior U.S. intelligence source has told EIR that the real story behind the Dominique Strauss Kahn rape allegations is a total brawl inside the entire European oligarchy over how to deal with the imminent blowout of the European Monetary Union (EMU) and the euro.

"Behind the scenes, Strauss Kahn was the most powerful man in Europe," the source explained. As head of the IMF at a time when the bailout of the debt-wracked so-called PIIGS countries (Portugal, Ireland, Italy, Greece, and Spain) is considered the top priority, Strauss Kahn was actually enroute to Paris from New York to finalize crucial details of the new bailout arrangements of Greece, Portugal, and Ireland, when he was arrested by New York City Police on charges of sexual assault of a hotel worker.

The source explained that "There are at least 100 top European bankers and leading powerbrokers who had every reason to sink Strauss Kahn. This had little or nothing to do with the upcoming French Presidential elections," the source noted. "This is about the survival of the entire European banking system."