Financial reform will not lose steam, says Australia’s Bowen
The recovery from the financial crisis is unlikely to reduce the momentum for global financial reform, according to Australia's minister for financial services, Chris Bowen.
"This crisis has affected so many nations, so severely, that it would be very courageous governments and administrations that said, ‘that's it, it is over – we don't need to act any further'," said Bowen. "The impact on unemployment rates in the United States, the United Kingdom and Europe has concentrated the political mind
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