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Monday
Sep192011

RAW VIDEO - ECB's Trichet Responds To Geithner Criticism

Geithner bitch-slap in 3,2,1...

Jean-Claude Trichet, President of the European Central Bank, on Saturday said that the advanced nature of international economies requires increasing international cooperation between regulators such as central banks and finance ministries when it comes to dealing with crises.

Trichet made his comment in answer to an EUX.TV question, asking for his reaction to a comment made a day earlier by United States Treasury Secretary Timothy Geithner, who spoke on Friday to eurogroup ministers after the "damage caused to us from Europe."

Geithner's comment was accidentally made public by the audiovisual services working for the Polish EU presidency at the finance ministers meeting in Wroclaw, Poland.

 

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Reader Comments (7)

Sep 19, 2011 at 5:16 PM | Registered CommenterDailyBail
SAN FRANCISCO (MarketWatch) — Gold futures dropped almost $36 an ounce Monday to finish at their lowest level in more than three weeks, as investors sold gold in a scramble for cash as the potential for a Greek bond default pressured U.S. stocks and helped provide a lift to the U.S. dollar.

http://www.marketwatch.com/story/gold-futures-drop-by-as-much-as-30-an-ounce-2011-09-19?dist=afterbell
Sep 19, 2011 at 5:19 PM | Registered CommenterDailyBail
(Reuters) - Italy's austerity plan approved by parliament last week will hit the finances of the country's regions and local governments and has negative implications for their credit ratings, Moody's ratings agency said on Monday.

http://www.reuters.com/article/2011/09/19/us-italy-austerity-ratings-idUSTRE78I34Z20110919
Sep 19, 2011 at 5:40 PM | Registered CommenterDailyBail
WASHINGTON (MarketWatch) — Comments made by Martin Gruenberg, the Federal Deposit Insurance Corp.’s new acting chief Monday has indicated to observers that he may be heading the agency in a more collaborative manner than his predecessor.

http://www.marketwatch.com/story/new-fdic-chiefs-style-beginning-to-emerge-2011-09-19?dist=afterbell
Sep 19, 2011 at 5:40 PM | Registered CommenterDailyBail

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