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>> there is a battle at the imf about who is going to replace dominique strauss-kahn. this is the french finance minister, christine lagarde, she just announced that she will be running as the leader for the imf. let's continue to listen to what she has to say. we'll do that in a moment. john deftarios. a good choice? >> she's a good front-runner. she gets an a for the timing. there's going to be number of issues on the table. this is one of the issues that's squarely on the table and this positions her well-positioned at the global position she's been looking for. it comes on the eve of the g-8 meetings taking place this weekend where she's gf to a key role. >> where's the real battle here? for the number one spot or for the number two spot? >> the real battle now is to try