Archive for June, 2011
Even casual observers of the global economy are well aware of the critical period we find ourselves. Leaders of government and finance are desperately looking for answers in a very uncertain time. One thing that seems certain is a retreat into nationalistic financial policy may in fact be counterproductive to many business interests. Earlier in the year at Davos, several top financial leaders expressed their concern to Timothy Geithner over certain fianncial regulatory gaps among the world’s nations particularly the US and Europe. You can read a more complete overview of those discussions at www.ft.com/intl/cms/s/0/9456a6ca-8249-11e0-961e-00144feabdc0.html#axzz1Q0RLMbVO.