Gordon Brown speech to business leaders

Gordon Brown speech to business leaders; Gordon Brown speech continued SOT - Secondly, important that there is co-ordination of monetary and fiscal policies/ you saw the co-ordinated interest rate cut by world economies/ we have a global problem/ cannot be solved by national economies Thirdly - to build confidence in the banking and financial system/ we need to show people we have dealt with the root causes/ looking at some of the practices that were not properly supervised Fourthly - need to make sure we don't see contagion affecting us from emerging economies/ because of flight of capital/ so little contagion comes from distressed economies/ so you you will find a new IMF facility of 250 billion reserves/ will be asking oil rich countries to co-operate/ must have global financial supervisory system