World Economic Forum: Davos Under Fire
//www.commondreams.org/headline/2009/01/31-0
--------
The Perfect Storm
By Vladimir Putin
I just want to remind you that, just a year ago, American delegates speaking from this rostrum emphasised the US economy's fundamental stability and its cloudless prospects. Today, investment banks, the pride of Wall Street, have virtually ceased to exist. In just 12 months, they have posted losses exceeding the profits they made in the last 25 years. This example alone reflects the real situation better than any criticism.
//www.informationclearinghouse.info/article21896.htm
//freepage.twoday.net/search?q=Davos
//freepage.twoday.net/search?q=US+economy
//freepage.twoday.net/search?q=investment+banks
//freepage.twoday.net/search?q=Wall+Street
//freepage.twoday.net/search?q=Gustavo+Capdevila
--------
The Perfect Storm
By Vladimir Putin
I just want to remind you that, just a year ago, American delegates speaking from this rostrum emphasised the US economy's fundamental stability and its cloudless prospects. Today, investment banks, the pride of Wall Street, have virtually ceased to exist. In just 12 months, they have posted losses exceeding the profits they made in the last 25 years. This example alone reflects the real situation better than any criticism.
//www.informationclearinghouse.info/article21896.htm
//freepage.twoday.net/search?q=Davos
//freepage.twoday.net/search?q=US+economy
//freepage.twoday.net/search?q=investment+banks
//freepage.twoday.net/search?q=Wall+Street
//freepage.twoday.net/search?q=Gustavo+Capdevila
rudkla - 1. Feb, 22:04
