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Bilderberg.org the view from the top of the pyramid of power
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fightfreegirl
Joined: 09 Jun 2008 Posts: 1
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Posted: Mon Jun 09, 2008 2:55 am Post subject: NY Fed chief urges global bank framework |
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NY Fed chief urges global bank framework
By James Politi in Washington and Gillian Tett in London
Published: June 8 2008 23:32 | Last updated: June 8 2008 23:32
Banks and investment banks whose health is crucial to the global financial system should operate under a unified regulatory framework with appropriate requirements for capital and liquidity, according to Timothy Geithner, president of the Federal Reserve Bank of New York.
Writing in Mondays Financial Times, Mr Geithner, a key US policymaker throughout the credit crisis and one of the main architects of the rescue of Bear Stearns, says that the US Federal Reserve should play a central role in the new regulatory framework, working closely with supervisors in the US and round the world.
http://www.ft.com/cms/s/0/546b1604-3585-11dd-998d-0000779fd2ac.html?nclick_check=1
Guess who was on the list at Bilderberg 2008? Geithner. |
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