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Follow on Google News | Feud Between Timothy Geithner and Europe on Hedge Funds Regulation at Hedge Funds Leaders Forum 2010Feud between the United States and Europe on a Comprehensive Global Response to the Financial Crisis to be Discussed at GoldenNetworking.com's Hedge Funds Leaders Forum 2010, March 18th, New York City
By: GoldenNetworking.com Reported The Washington Post, "U.S. Treasury Secretary Timothy F. Geithner warned on Friday of the diverging approaches developing in the world's major financial centers, arguing that if the United States fails to take a convincing lead on financial reform it could lead to an ineffective patchwork of global regulation. 'The American financial system is strong in part because our firms operate globally,' Geithner said in remarks at the Export-Import Bank in Washington. 'If America cannot demonstrate its ability to act and reform our markets here, then other countries are going to decide they will go their own way on reform, and the American financial system will have to live with the risk . . . of inconsistent, different, competitively weaker standards for financial oversight around the world.' The chief concern is with Europe, the world's other major capital market, where officials want to deal more rigorously with some types of activity -- effectively barring U.S.-based hedge funds from operating there, for example -- while remaining more relaxed". Hedge Funds Leaders Forum 2010 is produced by GoldenNetworking.com (http://www.goldennetworking.com), the premier community of business executives, entrepreneurs and investors, founded by former McKinsey consultant Edgar Perez. Upcoming Business Receptions and Leaders Forums include: • High-Frequency Trading Experts Forum 2010, "Starting and Running a High-Frequency Trading Operation" (http://www.HFTExpertsForum.com), March 18th, New York City • Banking Leaders Forum 2010, "Have Deal-Making Hit Bottom Yet?" (http://www.BankingLeadersForum.com), March 25th, 2010, Washington DC • Real Estate Leaders Forum 2010, "Successfully Investing in Distressed Real Estate Assets" (http://www.RealEstateLeadersForum.com) • Venture Capital Leaders Forum 2010, "Setting the Stage for Transformational Change" (http://www.VCLeadersForum.com) Panelists, speakers and sponsors are invited to contact GoldenNetworking.com by sending an email to info@goldennetworking.com. GoldenNetworking.com has been frequently featured in the press, including recent articles in The New York Times, "GoldenNetworking.com Helps Job Seekers Make Overseas Connections" # # # GoldenNetworking.com is the premier networking community for businessmen, entrepreneurs, professionals and diplomats, to experience what’s hot, new and next End
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