Thursday, November 6, 2008

U.S. Does Not Support a Global Crisis Regulator

“meeting is not about discarding market principles or about moving to a single global market regulator” Summit Nov. 14-15 has White House and President-elect in awkward spot. Leaders of 20 countries to assemble in Washington. Bush administration discouraged suggestions to create a new international market regulator with cross-border authority, The New York Times’s Mark Landler reported.
Obama campaign did not respond to inquiries about whether it was invited.

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