Summary
PERHAPS you find it reassuring that the world's top leaders, the G20, will meet in Pittsburgh shortly to settle on measures to ensure that the worldwide banking crisis never happens again.
Ah yes, fixing those bankers -- grrr ... Let's burn a few at the stake to show how we feel. On the other hand, we might remember that the present crisis derives largely from a long series of political acts, particularly in the U.S., in pursuit of votes.See the full content of this document
Extract
It's Time for the G20 to Wiggle Their Eyebrows
The belief has grown up that governments failed to regulate banks properly -- partly true. But in the case of the U.S. there was ludicrous over-interference, right down to telling bankers how they should behave as supposedly good cit...
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