Saturday, May 19, 2007

Germany struggles to keep G8 heat on hedge funds

(Reuters) - Germany strove to keep its proposals for tighter hedge fund supervision alive at a two-day meeting of G8 finance ministers near Berlin.

U.S. Treasury Secretary Henry Paulson stayed away and the new French government sent no minister to the talks at a lakeside resort -- two no-shows that further limited the potential for substantive decisions at the meeting.


Read more at Reuters Africa

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