US Obama Pressing for New Global Financial Regulations at G-20 News Conference; UK Brown Agrees (4/1/09)

Britain’s Prime Minister Gordon Brown and U.S. President Barack Obama at a press conference at the Foreign and Commonwealth Office in London Wednesday April 1, 2009.
(Photo: AP Photo/Anthony Devlin)
www.cbsnews.com/elements/2009/04/01/in_depth_politics/photoessay4908855.shtml

Obama: Economic Differences ‘Vastly Overstated
http://abcnews.go.com/Politics/International/Story?id=7226337&page=2

[At the news conference with British PM Brown…] “The questions were sharp and focused on the global economic crisis and whether the United States has to shoulder the blame.”

” “The U.S. certainly has some accounting to do with respect to a regulatory system that was inadequate,” Obama said. “I had a law professor who said some are to blame, but all are responsible.” “

” “I think that the separation between the various parties involved has been vastly overstated,” Obama said. ” That’s just arguing at margins.” “

Obama kicked off his day at the iconic home of the British prime minister — 10 Downing St. — joined by Secretary of State Hillary Clinton and Secretary of the Treasury Timothy Geithner.

Read and download the entire report here.

Leave a comment ?

56 Comments.

Leave a Comment


NOTE - You can use these HTML tags and attributes:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>