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NY Fed chief urges global bank framework

 
This forum is locked: you cannot post, reply to, or edit topics.   This topic is locked: you cannot edit posts or make replies.    Bilderberg.org Forum Index -> Bilderberg 2008: Chantilly, Virginia near Washington DC, June 5th-8th 2008
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fightfreegirl



Joined: 09 Jun 2008
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PostPosted: Mon Jun 09, 2008 2:55 am    Post subject: NY Fed chief urges global bank framework Reply with quote

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 Monday’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 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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