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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-07-10 06:41 PM
Original message
Secret summit of top bankers

THE world's top central bankers began arriving in Australia yesterday as renewed fears about the strength of the global economic recovery gripped world share markets.

Representatives from 24 central banks and monetary authorities including the US Federal Reserve and European Central Bank landed in Sydney to meet tomorrow at a secret location, the Herald Sun reports.

Organised by the Bank for International Settlements last year, the two-day talks are shrouded in secrecy with high-level security believed to have been invoked by law enforcement agencies.

Speculation that the chairman of the US Federal Reserve, Dr Ben Bernanke, would make an appearance could not be confirmed last night.

The event will be dominated by Asian delegations and is expected to include governors of the Peoples Bank of China, the Bank of Japan and the Reserve Bank of India.

http://www.news.com.au/business/secret-summit-of-top-bankers/story-e6frfm1i-1225827289543

Must be a big deal even the BIS is there.
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HeresyLives Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-07-10 06:44 PM
Response to Original message
1. Probably because lots of new regs are coming.
Bankers are no doubt terrified, and keen to discover how to fight back.
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WCGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-07-10 06:47 PM
Response to Reply #1
2. Except these are the guys who will be making the new regs not the
ones who will have to live under the new tightening sentiment...
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HeresyLives Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-07-10 06:50 PM
Response to Reply #2
3. The G20 is making the regs.
And the regs are ones banks will have to abide by.
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WCGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-07-10 07:24 PM
Response to Reply #3
4. These are the central bankers, not private banks
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truedelphi Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-07-10 07:58 PM
Response to Reply #3
5. So I guess the question is how much control over the G 20 do the
Most elite of the top banksters possess?

Probably a great deal.
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Hydra Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-07-10 08:13 PM
Response to Reply #5
6. If they're smart
They own the G20.
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-07-10 08:43 PM
Response to Reply #5
7. They ARE the g20, in way or the other.
And they will be talking about how to make the most profit from the economic situation,
how to see to to it that their respective governments act in their best interest.

Have you not noticed that Obama picked so many people for his cabinet who had finance backgrounds and who were connected to previous administrations?

I like Obama, personally.
It's the people running the country I can't stand.

http://www.projectcensored.org/top-stories/articles/22-obamas-trilateral-commission-team
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