He has the pedigree. While there are people who will claim that dirty tricks have been played on Dominique Strauss-Kahn, now that he has been arrested and exposed, it seems clear that this man has been preying on women for years on end.

As we said in the leading statement to this leading article, DSK has the pedigree. It has not been long since he was quite heavily reprimanded by the International Monetary Fund for having an affair with a colleague.

Only hours after his arrest, French women began to file reports of inappropriate sexual behaviour by DSK over the past few years. Many commentators and analysts have said that while the IMF Chief was the one you could count on in terms of fiscal policy and money matters, when it comes to women, the truth is very different.

There are those who believe that the filing of charges by a hotel maid in the United States is nothing but a smear campaign by the Sarkozy camp. That is hard to believe. While there may be his side of the story left to hear, one cannot believe that a hotel maid would make up allegations of having to fight the man off, and screaming her head off for help. DSK then left his mobile phone in the hotel room and this is what led to his arrest – it doesn’t seem like the fallen supremo has a leg to stand on.

Whatever the case may be, the man who had a glittering career at the IMF and was set to be the French Socialist nominee for the presidency has now completely ruled himself out of the game.

But while there is a measure of justice in finally seeing DSK in the dock to answer charges, it must not be forgotten that the IMF is currently going through one of the most important times in its history. The world is still in dire financial straits. Yesterday and the day before, DSK was supposed to be attending an EU Finance Ministers’ meeting in Brussels. While the first session bumbled and fumbled, mostly due to the DSK fallout, the package put together for Portugal was eventually agreed on and approved. At the time of writing, those same ministers were discussing the Greece issue.

When we are talking about people’s money and the taxes they pay, they want assurance that they are getting someone who is value for money and serious enough to deal with the issues at hand. A local chord can be struck, while many people are looking at those in the No to divorce movement with consternation and scorn, they are not that bothered, because the matter does not involve money.

But when one looks at the personal backlash that ensued from the latest VAT Department scandal, people were livid – why? Simple, it involved money. With the European Central Bank losing one of the old guard, the resilient, courageous and hyper- intelligent Jean Claude Trichet, it seems that the IMF will have to do the same, DSK’s position is simply untenable. The man will have to resign, and if he does not, he will have to be removed. No one wants a skirt-chasing egomaniac at the helm of the most influential monetary authority in the world.