Strauss-Kahn Succession Should Be Quick, Geithner Says

U.S. Treasury Secretary Timothy F. Geithner called for the quick appointment of a successor to Dominique Strauss-Kahn to head the International Monetary Fund as European governments rallied to support French Finance Minister Christine Lagarde.

“We want to see an open process that leads to a prompt succession,” Geithner said in a statement today. John Lipsky, the Washington-based IMF’s acting managing director, “will provide able and experienced leadership to the fund at this critical time for the global economy,” Geithner said.