Today we have the news that the case against DSK may be falling apart. There is a wonderfully positive side to this story - beyond the certainly positive outcome for justice in the case.
On a global scale, I cannot recall a US prosecution go so horribly bad in such a public fashion. There have been only a couple of US based stories of such turnaround - the Duke lacrosse team comes to mind, but not many more.
Consider: A high profile arrest of one of the most well known financial actors on the world stage. Drama on the plane just moments before take-off. Perp walks, passport stripped, resign from the job, no more dreams of French politics.
And now, the case seems to have all fallen apart.
If one wanted to find a story to display the worst abuses of the US judicial system to the world, a better example could not have been created than the real-world story of DSK.
There will be discussion about the implications on French Politics, the conspiracy theories behind the story (anyone who DENIES a conspiracy here should be sized for a tin-foil hat). All of this is important.
But I find the exposition of the US judicial system to the scrutiny of the world to be the most fascinating and potentially most important part of the story.
The US judicial system is broken on many levels. There have been many stories known only by family and friends that demonstrate this. There are a few stories that hit a larger audience.
The story of DSK was the biggest story around the world on the day of his arrest. It has remained high-profile because of the financial drama around the world and the search for DSK's replacement at the IMF.
It is a story that was perfect in its design if one wanted to expose the faults of the US justice system to the ridicule of the world. This to me is the biggest part of the story today.