EU Referendum: No shortage of warnings

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EU Referendum: No shortage of warnings

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01-10-2008, 02:50 PM	#1 (permalink)
Blog Bot Uber Member Join Date: Oct 2007 Posts: 2,798	EU Referendum: No shortage of warnings Mark Wadsworth draws our attention to the Institute of International Finance, reported in The Financial Times on 4 April 2008. The IIF then said there was an "urgent need" for policymakers to consider changes to mark-to-market accounting rules to avoid "unintended procyclical consequences which could prolong credit market problems". It is now 1 October. The US is just beginning to act and the EU is to "look" at the problem on 15 October. That's "urgent" for you! COMMENT THREAD More...

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