GLOBAL ECONOMY

Former IMF chief Dominique Strauss-Kahn to advise Cuba on U.S. business relations

Former International Monetary Fund (IMF) director Dominique Strauss-Kahn enters Manhattan State Supreme Court on August 23, 2011 in New York City. (Photo by Mario Tama/Getty Images)

Former International Monetary Fund (IMF) director Dominique Strauss-Kahn enters Manhattan State Supreme Court on August 23, 2011 in New York City. (Photo by Mario Tama/Getty Images)  (2011 Getty Images)

The job search probably hasn’t been easy for the former head of the International Monetary Fund, Dominique Strauss-Kahn, who resigned as managing director of the global financial organization in the wake of a sexual assault scandal involving a New York City hotel maid. 

Despite having criminal charges dropped against him and settling a civil suit out of court, and, in a separate incident, being acquitted in France of "aggravated pimping" charges last month, Strauss-Kahn's name and reputation aren't exactly spotless. And being the butt of lewd jokes never looks good on one's resumé.

Strauss-Kahn has not been entirely idle in the aftermath of his legal woes. He is paid generously for speaking engagements, and joined an investment banking firm in Luxembourg with the intention of starting a hedge fund, but after a year his new partner had committed suicide and the firm went bankrupt. 

He has also served as a consultant or advisor to various governments, most of which have their own image problems to deal with: Russia, Serbia and South Sudan to name a few. 

After his acquittal in June, Strauss-Kahn has been laying low in Morocco, where he now lives, close to Marrakech with his girlfriend, Myriam L’Aouffir. He and his wife, Anne Sinclair, divorced in 2013.

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But "DSK" – as Strauss-Kahn refers to himself – appears ready to return to the workaday life, and his first gig involves the United States and Cuba.

According to French officials, Strauss-Kahn will advise the government of President Raúl Castro on how to handle brand-new business relationships with the U.S. in the wake of the resumption of diplomatic ties between the two Cold War foes.

The announcement comes amid economic turmoil in Europe and in Greece, the country whose bailout he oversaw as the head of the IMF in 2010.

Strauss-Kahn has been highly critical of the approach taken by his successor, Christine Lagarde, toward the crisis in Greece. He wrote in a lengthy statement that creditors should drastically restructure the country’s debt and stop lending it money, which in turn would ostensibly encourage lawmakers in Athens to balance its budget.

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