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NY Fed chief in push for global bank framework

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posted on Jun, 10 2008 @ 01:12 PM
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NY Fed chief in push for global bank framework


www.ft.com

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 Tim Geithner, president of the Federal Reserve Bank of New York.

Writing in today's 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 the US Federal Reserve should play a "central role"....
(visit the link for the full news article)




posted on Jun, 10 2008 @ 01:12 PM
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Looks like the one world bank and or regulations for it are in the making.

-Kdial1

www.ft.com
(visit the link for the full news article)



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