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.