Friday, October 10, 2008

Rich Nations Pushing for Coordination in Rescue

WASHINGTON — In the five-point plan, issued after finance ministers met at the Treasury Department, the Group of 7 countries broadly endorsed the idea of taking ownership positions in banks — a strategy first adopted by Britain and now emerging as a major part of the rescue effort in the United States.
A Bit of ‘I Told You So’ Outside World Bank Talks
CNBC Video: Paulson Discusses G-7 Crisis Plan

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