BU Now » Timothy Geithner http://blogs.bu.edu/bunow News, information and research from Boston University Wed, 21 Sep 2011 18:14:24 +0000 en hourly 1 http://wordpress.org/?v=3.1.4 Geithner urges global financial reform http://blogs.bu.edu/bunow/2010/05/27/geithner-urges-global-financial-reform/ http://blogs.bu.edu/bunow/2010/05/27/geithner-urges-global-financial-reform/#comments Thu, 27 May 2010 16:59:56 +0000 Dick Taffe http://blogs.bu.edu/bunow/?p=5756 Obama Bye Bye Boomers?Treasury Secretary Timothy Geithner is visiting with his European counterparts to say that the U.S. and Europe broadly agree on the need to reform the financial system but that global cooperation is needed.  Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and a former counsel to the Federal Reserve Board of Governors, says Geithner should be doing less lecturing and more listening in Europe in that the U.S. right now has only a “deeply flawed” legislative proposal to show as its response to the financial crisis.

“The better posture for the U.S. to strike on the international stage would be a willingness to cooperate with ongoing reform initiatives by the G-20, the Financial Stability Board, and others.”

Contact Cornelius Hurley, 617-353-5427, ckhurley@bu.edu

]]> http://blogs.bu.edu/bunow/2010/05/27/geithner-urges-global-financial-reform/feed/ 0