Tuesday, October 7, 2008

France Said to Seek Emergency G8 Meeting

France is proposing through diplomatic channels that the Group of Eight industrialized nations hold an emergency summit to contain the U.S.-triggered financial crisis, according to a published report in the Japanese business daily Nikkei.

Since the solution to the crisis is to allow the markets to work things out, there is nothing positive to expect from a G8 meeting, only the possibility of international market manipulation and rigging.

Naturally, the Oligarchy will be well represented at such a gathering. For starters, Carlyle managing director Oliver Sarkozy is the half brother of France's President Ncholas Sarkozy.

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