Reply #13: U.S. backs Lagarde to be IMF managing director

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http://www.marketwatch.com/story/us-backs-lagarde-to-be-imf-managing-director-2011-06-28-83300?dist=beforebell

WASHINGTON (MarketWatch) -- The U.S. government gave its official nod to the candidacy of Christine Lagarde to be the International Monetary Fund's next managing director, effectively sealing her nomination as she already has the backing of European nations. "(French Finance) Minister Lagarde's exceptional talent and broad experience will provide invaluable leadership for this indispensable institution at a critical time for the global economy," said Treasury Sec. Tim Geithner in a statement. "We are encouraged by the broad support she has secured among the Fund's membership, including from the emerging economies. I also want to commend my friend, Agustin Carstens, on his strong and very credible candidacy."