Dominique Strauss-Kahn has resigned as head of the International Monetary Fund, as he prepares for a second bail hearing on Thursday - hoping to win his freedom while he awaits trial on allegations of sexual assault.
Strauss-Kahn is accused of attempting to rape a hotel chambermaid in New York.
He is on suicide watch at Rikers Island prison after a judge rejected his first attempt at bail.
His lawyers are offering $1 million bond and home confinement.
Prior to the scandal, Strauss-Khan [sic] was widely expected to run against French President Nicolas Sarkozy in the next elections.
Al Jazeera's Jonah Hull reports.
