Ex-IMF chief as he enters prison: 'I ask forgiveness'

Former International Monetary Fund chief Rodrigo Rato is apologizing for his crimes as he starts a 4-year prison sentence for misusing a Spanish bank's corporate credit card.

Rato said as he entered a prison outside Madrid on Thursday, "I accept my obligations to society, I admit the mistakes I may have made and I ask forgiveness from society and the people who may have been affected or felt let-down."