Obama to shop market reforms to G-20

[SpartanDem]

Sound good to me.

Obama to shop market reforms to G-20

A week after the administration revealed to Congress how it wants to beef up rules on financial markets, president will present them on the world stage.

WASHINGTON (CNNMoney.com) -- Last week, Congress. This week, the world.

At the Group of 20 meeting on Thursday, President Obama is expected to push the new regulations that he and Treasury Secretary Tim Geithner pitched to Congress last week as a way to prevent another financial market collapse. He heads to London on Tuesday and will meet the next day with the leaders of Great Britain, Russia and China.

The president will emphasize the need to regulate hedge funds and derivatives markets, encourage better capitalization of financial companies and "forge coordination among regulators," said Michael Froman, a deputy Obama adviser on international economic affairs. The need to crack down on offshore tax havens is also on the agenda, Froman added.

http://money.cnn.com/2009/03/30/news/economy/g20_london_summit/?postversion=2009033007

Obama Seeks G-20 Accord on Approach to Tax Havens

By Hans Nichols

March 31 (Bloomberg) -- President Barack Obama will seek backing from other leaders of the world’s advanced and emerging economies on incentives for off-shore tax havens to adopt global accounting and transparency rules, an economic adviser said.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aAQ2mX1K37Lc&refer=home

[SpartanDem]

1. bueller...bueller?