File this one in the annals of unsurprising resignations: Early Thursday morning, the International Monetary Fund released a letter from Dominique Strauss-Kahn, the organization’s now former director, announcing that he was stepping down in the face of sexual assault charges. However, that’s not to say that the defiant Frenchman, currently taking a breather in a New York jail, admits to the allegations against him. Au contraire. — KA

The Wall Street Journal:

In a letter to the board, Mr. Strauss-Kahn said: “I deny with the greatest possible firmness all of the allegations that have been made against me.”

The letter said Mr. Strauss-Kahn, being held in a New York jail on sexual-assault charges, would resign with immediate effect.

“I want to protect this institution which I have served with honor and devotion, and especially—especially—I want to devote all my strength, all my time, and all my energy to proving my innocence,” the letter said.

Read more

WAIT, BEFORE YOU GO…

If you're reading this, you probably already know that non-profit, independent journalism is under threat worldwide. Independent news sites are overshadowed by larger heavily funded mainstream media that inundate us with hype and noise that barely scratch the surface. We believe that our readers deserve to know the full story. Truthdig writers bravely dig beneath the headlines to give you thought-provoking, investigative reporting and analysis that tells you what’s really happening and who’s rolling up their sleeves to do something about it.

Like you, we believe a well-informed public that doesn’t have blind faith in the status quo can help change the world. Your contribution of as little as $5 monthly or $35 annually will make you a groundbreaking member and lays the foundation of our work.

SUPPORT TRUTHDIG