Friday, October 10, 2008

Italian Prime Minister: Close Global Markets To Craft Global Money "Rules"

Bloomberg.com: Berlusconi Says Leaders May Close World's Markets

By Steve Scherer Oct. 10 (Bloomberg) -- Italian Prime Minister Silvio Berlusconi said political leaders are discussing the idea of closing the world's financial markets while they ``rewrite the rules of international finance.''

``The idea of suspending the markets for the time it takes to rewrite the rules is being discussed,'' Berlusconi said today after a Cabinet meeting in Naples, Italy. A solution to the financial crisis ``can't just be for one country, or even just for Europe, but global.''

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