G-7 Leaders Welcome ‘Extraordinary Actions’


	G-7 Leaders Welcome ‘Extraordinary Actions’

deb2012

9-22-2008 12:15 PM

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tags:

geopolitics

deb2012 says:

we are bailing out the worlds banks at the expense of the American citizenry...why wouldn't they support it!

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/cbe6b5b0-4b18-469a-aaa0-f95fb764bc83/391B7F47-B6DE-4B94-9505-EC77406BE4BA/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://blogs.wsj.com/economics/2008/09/22/g-7-leaders-welcome-extraordinary-actions/" href="http://blogs.wsj.com/economics/2008/09/22/g-7-leaders-welcome-extraordinary-actions/" style="font-size: 11px;">blogs.wsj.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/economics/2008/09/22/g-7-leaders-welcome-extraordinary-actions/"><P>Anyone in Congress looking to stand in the way of the Treasury Department’s $700 billion Wall Street bailout proposal will have to dismiss the views of not just U.S. finance officials but those from other major economies. The <STRONG>G7</STRONG> — a group of finance ministers from Canada, France, Germany, Italy, Japan, the U.K. and U.S. — issued a statement Monday morning after officials convened by conference call.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/economics/2008/09/22/g-7-leaders-welcome-extraordinary-actions/">“We strongly welcome the extraordinary actions taken by the United States to 
enhance the stability of financial markets and address credit concerns, 
especially through its plan to implement a program to remove illiquid assets 
that are destabilizing financial institutions,” reads a statement by G7 finance 
ministers and central bank leaders. </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/economics/2008/09/22/g-7-leaders-welcome-extraordinary-actions/">Treasury Secretary <STRONG>Henry Paulson </STRONG>said over the weekend that 
mortgage securities owned by foreign financial institutions operating in the 
U.S. would indeed be eligible for the program.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/391B7F47-B6DE-4B94-9505-EC77406BE4BA/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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