Given that the Washington Post still has a large staff of excellent journalists working around the world, they could try asking G20 deputies about this in detail – or even just consult with top regulators in the UK who can lay this all out for them. And while they are at it, it would be worth writing a story on why there is no G20-level process to establish a cross-border resolution mechanism – and no likelihood of such a mechanism for the next 20 years.
Sunday, April 25, 2010
The Washington Post Makes A Major Factual Error « The Baseline Scenario
Posted by macbeach at 1:10 AM