IMF To Work Out Details For Chief's Selection Process

Now that Dominique Strauss-Kahn has resigned as head of the International Monetary Fund, competition for the top job is heating up. One issue is whether the managing director's office will once again be occupied by a European. That's been the case since the IMF was founded, a fact that has rankled emerging market nations like China, South Korea and Brazil. The IMF's membership recently agreed the office should not be the sole domain of one region. NPR's John Ydstie reports.