God's gift to Wall Street, Secretary Treasury Tim Geithner, says he has finally convinced Europe that the world will end if Europe doesn't bail everyone out the way the US did.
Read more: http://www.businessinsider.com/geithner-europe-bailout-2011-9#ixzz1Z9bRzuEo
Fairly pompous. I remember Timmy himself having a pee in his pants about the budget thingy, I thought he was out collecting trillions of investment dollars for the Socialist Banking Network.
Germand finance minister responds:
*SCHAEUBLE SAYS INCREASING EFSF WOULD DAMAGE SOME AAA RATINGS
*SCHAEUBLE SAYS WILL ENHANCE EFSF IN MOST EFFICIENT WAY IF MUST
*SCHAEUBLE SAYS MONETARY POLICY `NOT THE WAY' TO SOLVE EURO WOES
*SCHAEUBLE SAYS `NO COMFORTABLE WAY OUT' OF CRISIS FOR EUROPE
*SCHAEUBLE SAYS EVERY STATE MUST PREPARE OWN BANK BACKSTOP PLANS
*SCHAEUBLE SAYS ASKED FOR BANK BACKSTOP PLANS FOR NEXT ECOFIN ZH
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