Detailed text transcripts for TV channel - CNN - 20110516:08

Detailed text transcripts for TV channel - CNN - 20110516:08:05:00

complication here. >> what's it going to mean to the leadership race? his deputy is due to step down in august. that's likely to leave the top two positions vacant at this crucial time. >> yeah. a complication even before that. and that is what's going to happen in the next 24 to 48 hours. john lipske, will be holding a hearing to see what happens at the court hearings. and then, the deputy managie ii director will be in attendance at the two meetings. normally, at the top of the imf structure, you have a european leading. his term was supposed to end in november of next year. there was talk of him running for the french presidency. that's off the table. and the deputy resigned last

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