G7

Breaking: Paulson Decisively Creates Uncertainty

Paulson has just finished the press conference announcing the outcome of the G7 meeting following its conclusion.

Earlier today Susie Dow provided us with a commentary on the latest reaction to the financial crisis by Nouriel Roubini, Professor of Economics at the NYU Stern School of Business. She summed it up with this quotation:

This weekend is the last chance to try and divert the crisis.