Ningbo Textiles

Max Keiser talks to Stacy Herbert about China reneging derivatives contracts recorded on September 5th 2009 中国= China 孫子= Sun Tzu . 温家宝got the US by the balls . MADE IN CHINA . on EBAY search for Fiat Paper Money and you’ll find the book of RALPH T. FOSTER facinating reading of his research . G20 finance ministers and central bankers have agreed a series of measures to curb excessive bank bonuses, including spreading payments over a number of years, inserting clawback provisions in contracts and forcing financial firms to reveal high earners in annual reports. Meeting in London at a summit chaired by Alistair Darling, the chancellor, the G20 finance ministers instructed the new Financial Stability Board (FSB) to come up with detailed proposals, some of which will be available in time for the G20 meeting in Pittsburgh later this month. They deferred a decision on imposing caps on bank bonuses. Officials said caps on individuals bonuses had been rejected but that the Financial Stability Board would examine whether caps on institutions could be introduced, in line with French demands. . Stimulus to continue, G20 pledges FINANCE ministers of the largest industrial countries vowed to keep their multi-trillion-dollar stimulus efforts in place, but at a meeting in London they failed to agree on any firm limits on the bonuses of bank executives – a sign of the deep rifts that remain between American and European leaders. They did agree on a blueprint to raise capital …