11/23/2009

FT Article: Down but not out

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Down but not out

By Krishna Guha

Published: October 18 2009 18:15 | Last updated: October 18 2009 18:15

When finance ministers and central bank governors met in Istanbul this month amid angst about the declining dollar, Tim Geithner was anxious to impart a basic message. "We recognise the dollar's important role in the system conveys special burdens and responsibilities on the US," the Treasury secretary told journalists. "And we're going to do everything necessary to sustain confidence."

This article can be found at:

http://www.ft.com/cms/s/0/d74ccef6-bc06-11de-9426-00144feab49a,_i_email=y.html


 

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1 comment:

Anonymous said...

...actually this is a very good summary, I think.