The bankers’ piece emphasized the issues at the root of the financial crisis: excessive leverage lack of common capital standards and risk management. The levy wasn’t addressed in a Financial Times op-ed to which the CEO’s of Canada’s Big Six Banks attached their names this week, but that was presumably because they knew that Mr. Finally, such a “fund” would likely have been siphoned into countries’ general revenue, to the extent that it wasn’t commandeered by putative global governors. It would also have served - yet again - to create the false impression that global regulators are standing on guard when, as the last crisis - and indeed just about every crisis - indicates, they are always blindsided. It would have made bailouts business-as-usual when what is needed is their elimination. There were always massive problems with such a scheme. The IMF had wanted a two-pronged bank tax: One prong levied on the basis of bank liabilities the other on their earnings and compensation. But if things are improving, why are draconian new rules needed? More importantly, why did the old rules fail? One sure sign that regulation is itself the ultimate goal of the IMF/global governance clique is the bemoaning of the fact that economic recovery is removing the impetus for draconian new rules. This advertisement has not loaded yet, but your article continues below. administration - as typified by President Obama’s bank-bashing speech this week in New York - and many European countries. This group conspicuously includes the current U.S. “It seems to me a very odd thing to do - to punish our banks that got the job done adequately.”But it’s not at all odd from the perspective of those who seek any excuse to extend regulatory control. “I’m not going to impose a tax on our banks that performed well during the financial crisis,” he said earlier this week. Flaherty had spoken out strongly against a global levy to create a bailout fund. Also, kudos to the Big Six Canadian Banks for being bold enough to criticize other regulatory horrors being discussed at this weekend’s G20 meetings in Washington. Inance Minister Jim Flaherty seems to have killed the IMF’s threatened global bank tax, at least for the moment. The next issue of Financial Post Top Stories will soon be in your inbox. If you don't see it, please check your junk folder. Continued abuse of our services will cause your IP address to be blocked indefinitely.A welcome email is on its way. Please fill out the CAPTCHA below and then click the button to indicate that you agree to these terms. If you wish to be unblocked, you must agree that you will take immediate steps to rectify this issue. If you do not understand what is causing this behavior, please contact us here. If you promise to stop (by clicking the Agree button below), we'll unblock your connection for now, but we will immediately re-block it if we detect additional bad behavior. Overusing our search engine with a very large number of searches in a very short amount of time.Using a badly configured (or badly written) browser add-on for blocking content.Running a 'scraper' or 'downloader' program that either does not identify itself or uses fake headers to elude detection.Using a script or add-on that scans GameFAQs for box and screen images (such as an emulator front-end), while overloading our search engine.There is no official GameFAQs app, and we do not support nor have any contact with the makers of these unofficial apps. Continued use of these apps may cause your IP to be blocked indefinitely. This triggers our anti-spambot measures, which are designed to stop automated systems from flooding the site with traffic. Some unofficial phone apps appear to be using GameFAQs as a back-end, but they do not behave like a real web browser does.Using GameFAQs regularly with these browsers can cause temporary and even permanent IP blocks due to these additional requests. If you are using Maxthon or Brave as a browser, or have installed the Ghostery add-on, you should know that these programs send extra traffic to our servers for every page on the site that you browse.The most common causes of this issue are: Your IP address has been temporarily blocked due to a large number of HTTP requests.

Two point hospital topless mountain