Sunday, October 11, 2009

Boris Johnson warns EU to keep out of the City - Telegraph

Boris Johnson warns EU to keep out of the City - Telegraph: "However, Poul Rasmussen, president of the Party of European Socialists and former Prime Minister of Denmark, said that the EU was right to push for stronger regulation.
'The hedge fund industry is arguing that there's no need for better regulation,' he said.
'This flies in the face of the evidence and also goes against the consensus achieved in the G20 with Obama's administration and the EU on the need for tougher rules.'"


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Secretive and potentialy dangerous investment companies are in need of scrutiny, keep up the good work Mr McCreevy.

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