Well, well, well... the prosecution is furiously back-pedalling on its charges against Mr. Strauss-Kahn. It seems the chambermaid is not exactly the unspoilt lily of veracity she claimed to be. As the Reuters article in the link puts it: "Case against Strauss-Kahn near collapse".
Being in the field for over a quarter century I have learned, often the hard way, that weird coincidences simply do not exist in finance. If it seems too good (or too bad) to be true, it is safe to bet that it's not true.
So, let's make no mistake here: there were way too many and powerful interested parties that wanted Mr. Strauss-Kahn out of the way. Who? In Latin, we ask: qui bono? (who stands to benefit?).
I'm not going to bother with the obvious French presidential race political stuff. Instead, I think it was NOT a coincidence that the European debt crisis got much worse right after Mr. Strauss-Kahn, a confirmed euro-booster, got arrested and paraded publicly in manacles.
I'll go back to watching summer sunsets, now. But I think the summer is about to get much, much hotter from here on.
