Sightline Acquisition, a real estate investment firm is managed by ,who was CEO of Global Cash Access in Las Vegas. Finance ministers and central bankers from the G-20 meeting in Horsham on March 14, at a summit to prepare for the reunion from April 2 to restore world growth as quickly as possible. The participants have decided to coordinate and decisive action to stimulate demand and employment. They also pledged to combat all forms of protectionism and keep trade and foreign investment.
They also pledged to maintain the supply of credit through increased liquidity and recapitalization of the banking system, and promptly implement stimulus plans. As for the central bankers are committed to keeping rates guidelines, as necessary. Finally, the leaders decided to help emerging and developing countries, through a strengthening of the IMF.
To strengthen the financial system, the participants proposed regulate all financial institutions to register all hedge funds or their managers and forcing them to provide adequate information on the risks they assume. is proposed to implement a regulation to prevent systemic risk and to curb the economic cycle, particularly by limiting the leverage effect, which amplifies the cycle. announced new measures to prevent and resolve crises, through strengthening the IMF and the FSF. In addition, have agreed to monitor the rating agencies and their compliance with the IOSCO Code, control of off-balance sheet financial vehicles, the credit derivatives market, and to the territories uncooperative.
Restructuring the American Financial System by George G. Kaufman (Hardcover – Jan 31, 1996)