The European Central Bank president, leader of the old continent’s banking system is critical statements to The Suffering regulation of financial markets little.
The control and regulation the basis of bank balance and Transparency
Financial Products ranging from current simple current accounts, deposits, mutual funds, stocks, corporate bonds to complex structured products, warrants, Derivatives, futures, bonds and hedge funds.
The first group May not need a Comprehensive and control to the maximum Governing for a payment of money or Applicant entre bidder or the speculation of the market value of a company, organization or state. Guarantees a current or deposit account are Obvious. The funds and actions are governed on the revaluation of a company to be Audited strict commercial-through Regulations. Guarantees to Investors In These cases are clear and Were.
In the second group experience and the current Financial situation That Needs to show us the extreme regulation and obligation to limit Even access to Any investor. The deep reflection required logic Also on sell products WHERE Something That We Can Have we not yet Obtained, Securing payment by charging a borrower a mortgage doubtful, 24option and guarantee to Ensure Profitability Benefits Anticipated based on unsecured only.
No central bank president, IMF, World Bank chief representative or politician you this lucrative situation questione Until It Hurt Their Economies and you’ve Achieved to cause a global recession. After Trichet and other leaders criticize Reflect the Financial Markets. The most incongruous of These is the Responsibility Assumed statements and none of Them question.
As of now It Seems That There Is Greater regulation and control, But The Incompatibility With The traditional model Capitalist Seems To Be Difficult to correct.
The free market in the United States Stood in front of the control of Mr. Trichet
Another problem That Will Have to assume control supporters in the Greater Financial Market Is Still Coping with the world’s largest economy: the United States.
The Bush administration ruled’ve Already That Would Violate the rules of free markets and Effective recovery of economy is based on STI giving freedom to Investors, and Financial Markets companies to continue to lead the Economic control of the planet. The limitation and control lead to orderly growth and balance the linear But Would result in a redistribution of Wealth That Make Them uncompetitive.