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Risk News

3/26/2012
U.N. Official Calls for 'Drastic' Reform of Financial System

"The international financial system requires "drastic" reform if future crises are to be avoided, including more regional initiatives to tackle misaligned exchange rates and the wider use of capital controls, the head of a United Nations agency said."

Annie's take:

As far as I can recall, here is the first real call for global financial reform.