Attention moves to the accuser to Strauss - Kahn (AFP)

NEW YORK (AFP)-l'Attention in the case of sex of Dominique Strauss-Kahn moved to the accuser, a servant of hotel in New York that is now in credibility of mounting problems, such as the freedom of popular leader ex - MFIS with strict bail conditions.

The French politician remained Sunday in his townhouse rented in Lower Manhattan, but his wife, Anne Sinclair, left the townhouse in the afternoon and smiled to journalists before disappearing in a black sedan.

Unlike other occasions, il he has no bodyguards, New York City police car which had been parked there weeks had disappeared.

As the attorneys scrambled to save a sort of evidence against the head once gripper of top lender in the world, Strauss-Kahn defence team denied the allegations of the tabloid that he committed sex for money with the maid hotel in New York.

"He was undisputed between the parties because no there was no discussion of money," the team, led by lawyers Benjamin Brafman and William Taylor, said in a statement.

The New York Post reported Sunday that Strauss-Kahn and his accuser, an immigrant from 32 years of Guinea, engaged in sex acts in his suite of luxury and then he "was a money waiting after the fact, but he was dismissive."

The Post, quoting a close source of investigation of the defence team, said that the servant often exchanged sex for money with male guests at the Sofitel Hotel.

While the charges against the old stand of 62 years, the case has imploded almost after prosecutors agreed that their investigations of the accuser found she had lied to a grand jury on the matter.

In a letter to the defence lawyers, the Attorney of District of Manhattan Cyrus Vance said the woman had provided a "fake" story of his life - including a rape she admitted later never had - in its U.S. asylum process.

Among other details gleaned on the servant were its possible links to criminal activities, including the drug trade and money laundering, an enforcement official told the New York Times.

Within a day of attempted rape, the demoiselle was recorded talking on the phone with a boyfriend jailed for possessing (180 kilograms) of 400 pounds of marijuana and discussing the benefits of the prosecution of the charges, according to the newspaper.

When the conversation has been translated Fula, mother tongue of the servant, concerned researchers.

"She said words to the effect of,"don't worry, this guy has a lot of money."." I know what I do,'"a responsible time of would have."

The paper said that the man is one of several people who made several cash deposits totalling about $100,000 in the bank account of women over the past two years.

House arrest Strauss-Kahn has raised hopes among supporters of Strauss-Kahn that the case will collapse and the favorite of the Socialist Party will return to the political frontline, or even as a candidate to challenge French President Nicolas Sarkozy in the 2012 election.

Its candidate in the presidential election, Ségolène Royal, Socialist colleague, said that it had no problems to delay the process to make room for him.

Current time in the Socialist Party primary is on 13 July.

The US authorities still hold his passport pending possible trial, which means that Strauss-Kahn cannot travel outside the United States, while its deposit of 1 $ 1 million and $ 5 million bond will be now returned.

Despite credibility broken of the servant, Vance has promised to continue the investigation until prosecutors had discovered all the facts and noted that the charges had not been dropped.

Legal analysts said however, the case was probably dead.

According to the testimony of initial grand jury of the accuser, she flees luxury hotel suite Strauss-Kahn immediately after the attack on May 14 and waited in the corridor before informing a supervisor.

But prosecutors revealed, the woman later changed his story, admitting that she actually cleaning another room and even returned to start the cleaning of the Strauss-Kahn suite before alert his bosses.

According to prosecutors, the woman also lied on his application for asylum when she joined United States in 2004 and defrauded US tax administration by listing a second non-existent as his dependent child.

EBay unveils its shareholder easy moves

Visitors pass the Ebay logo to the CeBIT computer fair in Hanover March 2, 2011.

Credit: Reuters/Tobias Schwarz

NEW YORK | Tue, June 28, 2011 4 pm EDT

NEW YORK (Reuters) - EBay Inc. announced two changes of Government to business Tuesday that could give shareholders more its word to say in the way that electronic trading company is executed.

EBay said that its Board of Directors has eliminated a significant majority vote requirement, which means that most of the shares voting in circulation of eBay is necessary to amend the statutes of the company. That compares to two-thirds of the shares before voting.

EBay corporate governance and Nominating Committee recommended that a proposal from the Commission to declassify be submitted to the annual meeting in 2012. If it is adopted, this proposal would mean to all the directors of EBay are for re-election each year. The current classified Council means that only certain classes of Directors are to his re-election each year.

(Statement by Alistair Barr.) (Editing by Robert MacMillan)

To dismay investors Fed shows no sign of interest rate moves in the short term (latimes)

When the Federal Reserve has pushed its interest rate short-term key to close to zero two years earlier this week, he has done to combat a tightening of monumental credit that threatens the entire US financial system.

But this rate was supposed to be temporary - economic stimulus emergency for a real emergency and a way to keep afloat banks by sabré in their cost money, especially for the deposits of savers.

Two years later, the emergency of the financial system has elapsed. Bank failures continue to increase, but the survivors make lots of money. Banking net income totaled $ 53.6 billion in the first nine months of this year, up sharply from $ 3.2 billion during the same period in 2009, according to the Federal Deposit Insurance Corporation.

Even the emergency Federal Reserve interest rates remains in force, a painful ongoing cost of these millions of savers who cannot take the risk to spend their money in shares, bonds or other investments that may lose value.

Banks have clearly that many people try to do the right thing for their financial health by registering the most. National filings increased record 7.74 trillions of dollars at the end of the third quarter, 7% higher than the level two years earlier.

In contrast, the interest that banks paid on these deposits amounted to only $ 14.5 billion last quarter, 57 per cent less than what they put into the pockets of savers during the same period in 2008, as the credit crunch was deepening.

Last year, banks have continued to reduce the rate of overall deposit. The average annualized return on a six-month filing certificate was a mere 0.45% this week at the bottom of 0.82% last year, according to research Calabasas information services.

Even if you agree that the low interest rates were necessary to avoid economic collapse, the question now is how long this extreme sleep - or, more broadly, Eve economy grant - get banks grant.

It ends only when the Fed accepts, because Central Bank directly controls the short-term rate. When it votes to raise awareness, deposit rates will follow.

It is, of course, much more at stake here than interest income just savers. When the Federal Reserve decided finally to raise rates, it will be endorsing the idea that the economy is on a path to a semblance of normality.

But officially Fed makers showing no sign of moves their policy rates near zero, despite rising signs indicating that the economic recovery is picking up speed.

To the instruction following their last meeting 2010 Tuesday, they reiterated that they expected to keep rates at "exceptionally low levels... over an extended period."

How long "extended" is? Now, many economists believe the Fed boost rates in the short term before 2012. Some see no movement before 2013.

Ethan Harris, who leads developed markets economic research at the Bank of America Merrill Lynch in New York, expected first Fed rate hike in the fourth quarter of 2012 - complete two years later.

He noted that the Chairman of the Fed s. Ben Bernanke made clear that the Central Bank now wishes 9.8% unemployment rate, a significant decline. Before the start of the US Federal Reserve note is ready to raise rates, "They vas need to see the rate fall below 9% or maybe 8.5%," Harris said. This, he said, won't happen any time soon.

For Bernanke, then holding short-term almost from zero rates is no longer a Bank emergency, but emergency employment.

But also raises the question: is low rate really necessary for employment growth happen at this stage of recovery?

John Silvia, Wells Fargo securities of Charlotte, N.C., Chief Economist makes the case that credit costs are generally not a problem for many companies trying to decide whether to rent.

"It is more a question of companies are more confident about the final demand" for their products or services, he said.