IMF chief apologises for affair

Dominique Strauss-Kahn, the managing director of the International Monetary Fund (IMF), has apologised for an affair with a former staff member, saying the relationship was "a serious error of judgment."

Strauss-Kahn's apology follows an internal investigation into whether Piroska Nagy, the staff member in question, received an unfairly favourable severance package when she left the IMF earlier this year. The investigation found that Nagy, now an economist at the European Bank for Reconstructi