Sarkozy Against "Polite Conversation"
Editorial, The Washington Post | November 11, 2008
French President Sarkozy is rushing on with demands for the upcoming G20-meeting, at the expense of diplomacy. ++ His harsh call for multilateral action, blaming Wall Street for the crisis, is explained by a feeling of support from public opinion in Europe. ++ However, the crisis was not fabricated only in the US; Europe's structures have their own faults. ++ Sensible targets for the summit would be coordination of requirements for banks and managing investment transparency, not a French-style re-regulation.
