G30 says broken financial system needs fixing
NEW YORK, Jan 15 (Reuters) - The Group of 30 countries on Thursday called for changes in international financial regulation to help avoid future meltdowns, but its recommendations were vague and non-binding.
Your story incorrectly states that the G30 is a “Group of 30 countries.” It is not. The Group of Thirty is a group of individuals from the private and public sectors and academia from a variety of countries, but not thirty countries.
Please correct it.
N.F.
We corrected: GBU Editor
Paul Volcker, in a 2008 photo. Volcker, a former Federal Reserve Chairman, chairs the G30’s steering committee. REUTERS/John Gress
Paul
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