Saturday, June 26, 2010

Geithner Lobbies Europe for PEU's

Bloomberg reported:

The European Union may delay a final vote on rules to regulate managers of hedge funds and private equity firms until September after the bloc’s Parliament and national governments failed to reach an agreement.

The latest clue that globalist financiers are in charge:

U.S. Treasury Secretary Timothy F. Geithner raised concerns about the way the draft law may discriminate against U.S. funds in a letter sent to the EU fiancial services commissioner in March.

Private equity underwriters (PEU's) week just got sweeter.