Dominique Strauss-Kahn, the embattled managing director of International Monetary Fund, resigned Wednesday, saying he wanted to devote "all his energy" to battle the sexual assault charges he faces in New York.
The IMF's executive board released a letter from the French executive Wednesday in which he denied the allegations lodged against him but said that with "sadness" he felt he must resign. He said that he was thinking of his family and that he wanted to protect the IMF.
Lawyers for the head of the International Monetary Fund say Dominique Strauss-Kahn will fight the charges that he sexually assaulted a housekeeper at a luxury Manhattan hotel. The Frenchman remains in custody after a judge denied his request for bail.
Boulder is one of eight cities in the United States to host a White House road show that aims to promote entrepreneurship and business start-ups. At a roundtable event on the CU campus Monday, Obama Administration officials heard more frustration than optimism from several local-start up firms.