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.