You mean, like PEOPLE?!
Also see: European Banks to Follow Bush Blueprint for Bailout
(Side note: I had to SEARCH the WEB for the article that is IN MY PRINTED PAPER!! Thanks for the CENSORSHIP, BG!!!)
And the article is STILL REWRITTEN and EDITED!
I'm posting what is in my paper, readers, although I am SICK and TIRED of MSM censorship!!!!!!!
"EU leaders short on specific solutions to crisis" by Emma Vandore, Associated Press | October 04, 2008
PARIS — Europe's four major powers called for the EU to give them a freer hand to tackle the global financial crisis. They vowed to support their countries' banks, but they stopped short of agreeing on a U.S.-style bailout
The afternoon summit of leaders from France, Germany, Italy and Britain was arranged quickly with the aim to reassure jittery markets and investors. The differences that emergedreflected divisions within Europe on how to deal with the turmoil spreading from Wall Street.
European states have pumped in billions to help save major banks over the last week, including Britain's Bradford & Bingley, Belgian-Dutch Fortis, Belgium's Dexia and Germany's Hypo Real Estate. The four European leaders said they would take "all necessary measures" to ensure the soundness and stability of the banking and financial system. But they gave few specifics.
They demanded more room to maneuver on European Union economy rules, with the region's growth slowing and France and Britain falling into recession. And they asked EU regulators to act quickly and be flexible in approving government bailouts for banks.
They sound JUST LIKE BUSH!!!
They said global leaders should meet "as soon as possible" to start overhauling the banking sector. Banking executives should be held responsible if their businesses fail and should steer clear of massive reward schemes, the leaders said, but they did not say what types of punishments they would seek for failed or risk-taking executives.
The leaders also agreed to speed up a $41.5 billion package to help free up lending for small- and medium-sized businesses. French President Nicholas Sarkozy said that, with the United States focused on its November presidential election, it was important for Europe to act in reshaping a more responsible global economy.
He called the crisis "an opportunity to build something," and said EU leaders hoped it would open the door to "a new world that has fewer of these things, these problems." --more--"
All PART of the EndGame plan, isn't it, Nico?!!!!
