We Need a Financial System Rethink, Global Finance Cop a Good Idea Roy Smith Says
Friday, 24. October 2008, 20:36:36
In Aaron Task Tech Ticker Video Interview, former head of Goldman Sachs International Roy Smith says: "We need a financial system rethink".
Continuing calls like this one, document that investment bankers do not believe in national sovereignty.
Apparently, national sovereignty is a now queer concept -- a relic of a bygone era.
It is reasonable to conclude that a global monetary authority, with unified regulation of banking globally, as proposed by Timothy Geither, is coming soon.
Continuing calls like this one, document that investment bankers do not believe in national sovereignty.
Apparently, national sovereignty is a now queer concept -- a relic of a bygone era.
It is reasonable to conclude that a global monetary authority, with unified regulation of banking globally, as proposed by Timothy Geither, is coming soon.
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