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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (7530)	10/3/1998 12:19:00 PM
From: Joseph G.	Read Replies (1) \| Respond to of 86076

A month or two ago these morons told us "what crisis? everything is just fine!" <<WASHINGTON, Oct 3 (Reuters) - President Bill Clinton met his team of economic advisers on Saturday to discuss their plans for confronting the global financial crisis. A White House official said Clinton was being briefed by his advisers ahead of his meeting on Monday with finance ministers and central bankers from 22 key countries who are here to debate new ways of fixing the ailing world economy. ''The president is being briefed by his economic team in preparation for Monday's meeting to go over the financial challenges the world faces,'' said the official. With Clinton were Vice President Al Gore, Treasury Secretary Robert Rubin and his deputy Lawrence Summers, National Economic Council Chairman Gene Sperling, Council of Economic Advisers chair Janet Yellen, among others. Clinton on Friday announced what he said was a major new plan to help nations hit by global economic turmoil. Warning the world financial system was facing its worst crisis in half a century, Clinton vowed Washington would work with its partners in the Group of Seven top economies (G7) and the International Monetary Fund to give cash-strapped nations easier and faster access to fresh capital in times of crisis. >>