Think tank criticizes EU and G-20 response to financial crisis

                                   

The TaxPayers' Alliance, an influential think tank, blasted efforts by the EU and the Group of 20 nations to revamp financial regulation in an attempt to avoid a repeat of the financial crisis. In a recently published paper, the group calls the efforts "disingenuous political posturing" that are "increasing the likelihood of future meltdowns." The think tank's paper warns that "global regulation causes global crises." Full story here