A Greed Reform?
Sun Apr 26, 2009
Geithner urges push to implement agreed reform
WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner said on Sunday that it was vital to speedily implement agreed plans to bolster resources of global lenders and put in place policies to stimulate growth.
Speaking to the development committee of the International Monetary Fund and World Bank, Geithner said the United States would take whatever policy actions were needed for as long as necessary to spur a recovery, and urged others to do the same.
"Now that we have achieved unprecedented agreement on the right strategy and the right set of tools, we need to keep the pressure on to execute quickly and achieve a lasting, shared recovery," Geithner said.
"The United States will sustain action as long as necessary to see growth resume, not just nationally but globally -- an objective that is important not just for our shared prosperity but for our national security," he added.
(Reporting by Glenn Somerville, Editing by Chizu Nomiyama)
Geithner urges push to implement agreed reform Reuters - 2 hours ago
*The big question to be raised, remains though if Timothy Geithner really knows how leveraged derivatives and industrial dominance seized prosperity to favor the happy few on a global scale, thus endangering national security everywhere by facilitating unethical behaviour, corruption and fraud. Not just causing the deterioration of the United States... (.Ed*)
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