MrMannn
June 8th, 2008, 08:55 PM
http://www.ft.com/cms/s/0/546b1604-3585-11dd-998d-0000779fd2ac.html?nclick_check=1
.Banks and investment banks whose health is crucial to the global financial system should operate under a unified regulatory framework with “appropriate requirements for capital and liquidity”, according to Timothy Geithner, president of the Federal Reserve Bank of New York.
There is also a link to the full story on Drudge.
I won't print everything, but If you can digest intense financial lingo, then dive in.
The good news, is this is not coming from the UN.
The bad news is this is coming up at all. How can anyone expect corrupt nations where bribery is the rule (not the exception), to do more than give this lip service?
Unified banking regs opens the door to all kinds of prophetic implication. More than just unified currency, this will be needed for the mark (without which there will be no buying and selling).
This is also a step towards global control...unified regs leads to unified money, leads to currency control on a global scale.
.Banks and investment banks whose health is crucial to the global financial system should operate under a unified regulatory framework with “appropriate requirements for capital and liquidity”, according to Timothy Geithner, president of the Federal Reserve Bank of New York.
There is also a link to the full story on Drudge.
I won't print everything, but If you can digest intense financial lingo, then dive in.
The good news, is this is not coming from the UN.
The bad news is this is coming up at all. How can anyone expect corrupt nations where bribery is the rule (not the exception), to do more than give this lip service?
Unified banking regs opens the door to all kinds of prophetic implication. More than just unified currency, this will be needed for the mark (without which there will be no buying and selling).
This is also a step towards global control...unified regs leads to unified money, leads to currency control on a global scale.