thebigIAM
26th January 2009, 11:27
From today's Times Online:
Gordon Brown: "I called for global financial reform ten years ago"
by Jenny Booth
div#related-article-links p a, div#related-article-links p a:visited { color:#06c; } Gordon Brown claimed today that he had been warning for ten years that the international financial markets needed to be more strongly regulated.
The Prime Minister said that it was a decade ago in Harvard that he first called for an international early warning system to alert countries to developing crises in any part of the world, because the huge global growth and reach of financial systems meant that all markets, all economies and all banks were now interdependent.
Poor lad. All those years being chancellor of one of the biggest economies in the world and it seems no-one was listening...
Gordon Brown: "I called for global financial reform ten years ago"
by Jenny Booth
div#related-article-links p a, div#related-article-links p a:visited { color:#06c; } Gordon Brown claimed today that he had been warning for ten years that the international financial markets needed to be more strongly regulated.
The Prime Minister said that it was a decade ago in Harvard that he first called for an international early warning system to alert countries to developing crises in any part of the world, because the huge global growth and reach of financial systems meant that all markets, all economies and all banks were now interdependent.
Poor lad. All those years being chancellor of one of the biggest economies in the world and it seems no-one was listening...