A
Anonymous
Guest
Finally.
Bush held off attempts by the International Monetary Fund to examine the US financial system as long as he could. When this was no longer possible, his condition was that the audit couldn't start until his final year in office, and the results couldn't be published while he was still president.
This is front page news in Germany.
http://www.spiegel.de/international/world/0,1518,562291,00.html
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Bush held off attempts by the International Monetary Fund to examine the US financial system as long as he could. When this was no longer possible, his condition was that the audit couldn't start until his final year in office, and the results couldn't be published while he was still president.
This is front page news in Germany.
Gabor Steingart":1fyrs7p5 said:As part of the assessment, the Fed, the Securities and Exchange Commission (SEC), the major investment banks, mortgage banks and hedge funds will be asked to hand over confidential documents to the IMF team. They will be required to answer the questions they are asked during interviews. Their databases will be subjected to so-called stress tests -- worst-case scenarios designed to simulate the broader effects of failures of other major financial institutions or a continuing decline of the dollar.
http://www.spiegel.de/international/world/0,1518,562291,00.html
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