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News Link • Economy - Economics USA

Text of G7 Action Plan

• AP

6 Comments in Response to

Comment by Brock Lorber
Entered on:

Statement of G-7 Finance Ministers and Central Bank Governors [on FSF recommendations] - April 2008

Comment by Brock Lorber
Entered on:
Apparently, there**Q**s a high level of interest in the FSF right now:

**QQ**The site could be temporarily unavailable or too busy. Try again in a few moments.**QQ**

Comment by Powell Gammill
Entered on:

Aaron Russo strikes again!

Comment by Ernest Hancock
Entered on:
**QQ**The Financial Stability Forum (FSF) was convened in April 1999 to promote international financial stability through information exchange and international co-operation in financial supervision and surveillance.**QQ**

http://www.fsforum.org/

Comment by Powell Gammill
Entered on:
Translation: We are seizing all your earnings and keeping them for our friends. We are the smartest people we know. Trust us. We won**Q**t lose money. Only little people lose money. I have heard this somewhere before ... let see, ah yes:

Mortimer Duke: Now, you listen to me! I want trading reopened right now. Get those brokers back in here! Turn those machines back on! Turn those machines back on!

Comment by Ernest Hancock
Entered on:

The actions should be taken in ways that protect taxpayers and avoid potentially damaging effects on other countries. We will use macroeconomic policy tools as necessary and appropriate. We strongly support the IMF**Q**s critical role in assisting countries affected by this turmoil. (&) We will accelerate full implementation of the Financial Stability Forum recommendations and we are committed to the pressing need for reform of the financial system. We will strengthen further our cooperation and work with others to accomplish this plan.


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