September 22, 2008
OOPS, THE UNICORN RIDER AND NANCY PELOSI JUST FAILED THE GLOBAL TEST:
G7 backs 'extraordinary' US plan to end crisis (Martin Waller, Suzy Jagger, Tom Baldwin, 9/22/08, Times of London)
The Group of Seven (G7) leading economies today said they “strongly welcome” the US Government's $700 billion (£379 billion)plan to bail out the American banking system amid political wrangling over whether UK and mainland European companies should be included in the deal.Posted by Orrin Judd at September 22, 2008 12:42 PMIn a statement, the G7 said: “We pledge to enhance international cooperation to address the ongoing challenges in the global economy and world markets and maintain heightened close cooperation between finance ministries, central banks and regulators.
“We are ready to take whatever actions may be necessary, individually and collectively, to ensure the stability of the international financial system."
