Financial Market
Democratizing the Financial Markets - ATTAC: LINK ¤ ATTAC
- "possibilities - to prevent - a further financial crisis !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "which should be seen - in a larger context !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "the more - global regulation - the better it is !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "there must not be - market radicalism - also on the plane of the - financial markets !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "markets - need rules - financial markets - need rules !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "to avoid crises - and safeguard - the interests - of the general public !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "for a system - with democratic - and effectively regulated - financial markets !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "speculation - must be muffled - therefore far-reaching reforms - should be carried out !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "for example - strengthening international cooperation - and regulating !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "actors - and products - combined with measures - to protect the environment !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "especially the - atmosphere - social spending - and education !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "there are different - possibilities - of getting the financial market - actors !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "to pay - capital income - should be subject to a - high uniform !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "and progressive taxation - special tax on assets - to finance measures !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "public funds - should be used - for investment programs !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "and raising the - top tax rate - for the top 1% !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "global - financial market - monitoring - for the actors on the financial markets !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "there should be adequate - international reporting - duty !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "national audits - are important - but not enough !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "there should be a - global - financial market - monitoring authority !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "for controlling - actors - and products !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "regulation - of investment funds - hedge funds - stability risk !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! - ( enormous credits ! )"
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- "the classic speculative - business activity - of hedge funds !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "should be - strictly regulated !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "private-equity funds - shares of businesses - capital of investors - often with credit !"
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- "short-term profitability - or drew money out - of the firm !"
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- "investment funds - speculative businesses - tax havens !"
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- "global funds - can be regulated effectively - on the international plane !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "strict internationally-standardized - regulation - of hedge !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "and private-equity funds - with democratic controls !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "regulations - on internal capital holdings - and taxation on profits !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "legal disclosure - of ownership structures - origin of funds !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "investment focal points - risk-management models - profits - risks !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "as well as the - incentive-structure of management !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "and liability - for misleading information !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "for risky - investment strategies - like short-selling - OTC-businesses !"
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- "it should be made harder - or be prohibited !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "strict capital requirements - should be in effect - to banks !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "for grants - to investment funds !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "funds - licensed in tax havens - should be denied access - to the market !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "realized profits - of funds - must be subject - to the investment tax !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "and financial promotion - of small - and medium-sized - businesses !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "by strengthening - classical financing sources - is sensible !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "technology promotion - like renewable energy !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "should flow directly - to innovative businesses !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "regulation of derivatives - securities - underlying asset !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "for example - stock index - raw materials - horse race ! - ( bet - on future price changes ! )"
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- "current - and new - derivatives - coming on the market !"
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- "should be scrutinized - and if necessary - prohibited !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "or not allowed - by a public authority !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- ""over the counter" - OTC - should be prohibited !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "( two business partners - agreed bilaterally on a deal ! )"
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- "therefore there should be a - registration - of derivatives !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "and there should be a - taxation - of trade - with derivatives !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "for example - through a - financial transactions tax !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "reducing of tax havens - units should not be subject - to the regulations !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "of tax havens - and not to the laws - of the land - where the business activity - took place !"
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- "banks - investors - shadow banking - outside from balance sheets !"
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- "therefore - tax havens - should be closed !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "closing tax havens - would only be a question - of political will !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "and can be shut down - through political pressure !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! - ( protectorates ! )"
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- "with non-cooperation - of the tax havens - the turnover - of capital !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "in - and from these countries - can be restricted !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "licenses - could be withdrawn - from corporations - and banks !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "that maintain - mailbox branch offices - in tax havens !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "economic sanctions - against tax havens - and stronger prosecution - of tax evasion !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "and an - automatic global - information exchange !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "between - tax havens - and countries of origin !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "general financial transactions tax - to reduce short-term - speculation !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "on financial markets - and reduce volatility - uncertainty - and instability !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- ""herd conduct" - financial investments - instead of real investments !"
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- ""arbitrage" - sums moved in short time periods - from one investment firm - to another !"
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- "short-term trade - technical "trading systems" - and trade - through computer systems !"
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- "a tax - with a microscopic - tax rate - on financial transactions !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "makes many of - short-term speculation - unprofitable !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "the introduction - of a general - financial transactions tax !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "can be worldwide - including derivatives - stocks - and currency trade !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "derivatives - with greater leverage - should be taxed higher !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "the tax rate - should be at least between - 0.1% - and 0.01% !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "primary use - of tax revenues - for the public !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "for the climate - and to fulfill the millennium - development goals !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "rating agencies - have the task - of evaluating securities - and borrowers !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "they should provide - objective estimates - on the credit-worthiness - of debtors !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "market actors - must be able - to rely - on their judgment !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "private rating agencies - customers’ desires - paid by those - whom they evaluate !"
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- "rated the risky - "mortgage-backed securities" - as safe !"
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- "therefore - public agencies - independent of profit interests !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "could be created - that carry out - the rating - of actors - and products !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "and there should be a - "registration" - of new products - like derivatives !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "banking sector - banks - have a function for the real economy !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "therefore private banks - should be good controlled !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "Europe - has a partly cooperatively - organized house banking system !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "the goal - of an alternative capital market - offensive - should be a public !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "small-scale - and cooperative - house banking system !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "with inexpensive credit - to "real" - investing businesses !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "shareholder value - stock options - for managers - should be prohibited !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "to avoid financial incentives - to short-term business policy !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "shareholder voting rights - should be coupled - to the time stocks !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "are held - to minimize - the influence - of short-term interests !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "equality - distribution - from top - to bottom !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "has economic advantages - strengthening the purchasing power - of low-income groups !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "stimulates the economy - investments in the real economy - are more attractive !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "compared to investments - in the financial economy - all capital income !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "asset-related - income - profit income - should be taxed equally !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "and progressively - property taxes - like inheritance and gift taxes !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "should be introduced - and lower wages - should rise !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "international financial architecture - the International Monetary Fund - IMF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "should be transformed - into a - "World Central Bank" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "supplying liquidity - stabilizing exchange rates - and functioning as the !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- ""last creditor" - the World Bank - and the IMF !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "should be subject - to a democratized UN !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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Financial System - US cable - 2009: LINK ¤ 09TOKYO2060
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- "Mainichi - Japan - wrote "curbing the salaries - of financial institutions" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "is not enough - the G20 should focus - on how to make the transition !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "to a new - financial system - that contributes - to the society !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "Sueddeutsche - wrote "after listening to - Geithner's plan" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "the listeners - immediately came up - with one question - if everything !"
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- "was so simple - why had thus far - no one come up - with this idea ?!"
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- "the answer - because at least - one of the actors !"
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- "will lose - namely the state of the USA !"
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- "state guarantees - to finance the purchase - shouldered by the US people !"
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- "there is a - radical alternative - the investors - should make !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "greater sacrifices - this would be much fairer - than the Geithner's plan !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "Financial Times - wrote "the great irony - of Geithner's plan" !"
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- "was that he - wanted to use instruments - that were responsible !"
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- "for so many financial problems - private investors !"
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- "must not get - the possibility - to speculate - with taxpayers' money !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
US Financial Crisis - US cable - 2008: LINK ¤ 08BERLIN1529
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- "Frankfurter Allgemeine Zeitung - wrote "the time - for politicians" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "has come - to give the - global finance sector !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "a new structure - it is necessary - to create !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "a global framework - of rules !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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US Financial Crisis - US cable - 2009: LINK ¤ 09SAOPAULO145
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- "O Estado de S. Paulo - Opportunity - wrote "the US financial crisis" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "demands important reforms - in the world economy !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "and opens - therefore - opportunities !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "to build a new - economy - with a more solid basis !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "while the financial crisis - was artificial ! - ( speculators - irresponsible bankers ! )"
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- "the challenge - for renewable energy - is real !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "and will only be solved - with better technologies !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
US Financial Crisis - US cable - 2008: LINK ¤ 08SAOPAULO636
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- "Valor Economico - wrote "what one can affirm - and without great risk" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "is that - capitalism - will never be the same !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "among the changes - will be - a strict regulation - of the financial sector !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "and controlling abuses - of bank executives !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "rules - should be created - to avoid that !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "and with - justifiable measures - intended to correct - the financial system !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "O Estado de S.Paulo - financial regulations - wrote !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "governments - need to act !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
- "we have to increase - financial regulations - globally !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "and protect the - environment - globally !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
US Financial Crisis - US cable - 2008: LINK ¤ 08SAOPAULO607
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- "Valor Economico - new deal - wrote "the minimum" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "platform - to be used - should be a - "New Deal" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "balancing - the economy - from the base !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "through public spending - in infrastructure - and public policies - to activate jobs !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "the new paradigm - therefore is !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
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- "that of - cooperation - among peoples - and nations !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"
FINANCIAL MARKET - Wikipedia EN: LINK ¤ FINANCIAL MARKET
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