Sunday, August 23, 2009

French Banking Regulation

President Sarkozy is apparently pressing French banks to take the lead in devising new regulations and bonus rules to prevent excessive risk-taking.

1 comment:

MYOS said...

Loved Aphatie's title: "Bankers at Elysée: 7th take"
http://blog.rtl.fr/aphatie/20090825/les-banquiers-a-l-elysee-septieme-25-08.html

If we compare what has been done in France and in the US (not just what has been said) it becomes very murky.
I'd say bankers and traders come out on top in both countries but I may speak out of resentment. :)