[jeffkrol]

Well not quite, though it depends on what 'boss" your referring to....

Hardline IMF forced Germany to guarantee Greek bailout
Hardline IMF forced Germany to guarantee Greek bailout | Business | The Guardian

Berlin is deeply at odds with France and with the key EU institutions – the European Central Bank (ECB), the European commission, the presidency of the EU, and the head of the eurozone, Jean-Claude Juncker, prime minister of Luxembourg – over the terms of a deal.

While conceding the need for the fresh bailout, Berlin is insisting that the banks and other private creditors holding Greek debt take losses as part of the rescue plan, which is expected to amount to €125bn (£110bn), or about €90bn if the Germans succeed in forcing losses on holders of Greek bonds.

US used Strauss-Kahn ouster to dictate terms of Greek bailout

In a footnote to its article, the Guardian goes onto provide a brief resume of the career of Lipsky, noting that he has spent his entire working life either employed by Wall Street or the IMF. The resume notes: “He (Lipsky) has made clear he is very different from his predecessor, Dominique Strauss-Kahn, who voiced concerns about the lack of jobs created by western governments and the potential for social unrest. In all his public pronouncements, Lipksy has read the IMF rulebook about cutting public spending to meet debt obligations.”

The Guardian article not only provides remarkable insight into the extent of the current political divisions between the US and Germany, it also reveals the ruthlessness with which the American administration is prepared to intervene in European political and economic affairs.