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Bail Set At $1 Million For Former IMF Chief Strauss-Kahn

A judge in New York City just set bail at $1 million and ordered home detention for former International Monetary Fund Director Dominque Strauss-Kahn, who has been indicted on charges that he sexually assaulted a hotel maid in Manhattan last weekend.

The Associated Press and Reuters say Strauss-Kahn has also been placed under round-the-clock detention, in the U.S., with electronic monitoring.

A French citizen (and until this past week someone who it was speculated might some day be that nation's president), Strauss-Kahn has a home in Washington, D.C. The AP says, though, that he will be "confined to a private apartment in Manhattan and monitored by armed guards" (at his own expense).

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