The IMF examines the trail of a premium for banks
Wednesday, Nov 11,2009, 1:26:06 PM Click:
PARIS (Reuters) - The International Monetary Fund explores the possibility of charging the banks a premium for insurance to fund any future bailouts in the sector, said on Sunday its director general Dominique Strauss-Kahn.
In a telephone interview with Reuters, he added that such a tax was in the same spirit that made the proposal during the weekend by Prime Minister Gordon Brown, who has called for urgent consideration to the track a tax on financial transactions ().
Dominique Strauss-Kahn said the IMF's goal was not to establish a global tax on financial transactions, type "Tobin" tax, another proposal made by Gordon Brown.
But the articles in the British press reports of a disagreement between the IMF and London on the principle of imposing a tax are false, he said.
"The IMF is not working on a Tobin tax" because such a tax might not be implemented, he said.
"We work on a tax on the financial sector is in line with what was said Gordon Brown, to pay an insurance premium to economic activity that is more risky than others," Dominique Strauss continued Kahn.
The IMF in April will present concrete proposals on the tax to finance ministers of the G20, which are well screened before being submitted to the leaders of the G20 in June
Brian Love, French version Benoit Van Overstraeten
You may also be interested in:
Featured
Global Risk Partners Increases Speed and Accuracy of
BROOKLYN, NY -- (MARKET WIRE) -- 06/15/09 -- Colosa's open source business
Name Pencom defaulting employers
by Sylvester Enoghase Mar 24, 2009 (Daily Independent / All Africa Global Media
Bankers hope to work with Obama
Copyright 2009 TheStreet.com, Inc.All Rights Reserved TheStreet.com 28 March
Five steps to maximize retirement savings
Copyright 2009 TheStreet.com, Inc.All Rights Reserved TheStreet . com May 18,
Bank of America began to reduce the principal amount
Bank of America Corp., one of the largest mortgage lenders in Florida, said
Coalition Says Public Health Option Would Lead to
The current debate over health care reform has spawned town hall meetings all
Cassidy: Movement of reforming health care reached
Copyright 2009 San Jose Mercury NewsAll rights reserved San Jose Mercury News
MOST POPULAR
- Most Read
- Most Discussed
- Most Emailed
- how much is car insurance for a 16 year old
- Holywood's Rory McIlroy Has Forked Out for a New Ferrari F430 in Gun-Metal Grey
- an insurance policy with bodily injury coverage covers
- Farmers Acquires 21st Century Insurance
- AAA Tipsy Tow helps drivers Sunday
- Meet Justin Case (Though He Doesn't Really Exist): More Advertisers Are Choosing "Average Joe" Actors Over Celebrities
- Cheap Car Insurance for Young Drivers - Useful Strategies
- ScotiaLife Financial Expands Offering to Include Home and Auto Insurance
- Appeal Court Upholds Alberta's $4,000 Cap on Payouts for Min
- Hit By an Uninsured Motorist? Get Help With Auto Insurance Claim Questions
-
Zurich Financial to buy AIG U.S. unit for $ 1.9b -
Help! I've had a car accident -
ScotiaLife Financial extends offer insurance products, including home and automobile -
Official - small cars more dangerous in head on crashes -
Colorado Agency Appointed to Represent The Cincinnati Insura -
Top Erie Insurance earns JD Power and Associates customer satisfaction Prix two years in a row -
Helphire announces £50m share issue -
Slammed: Tight Fuel Economy help uninsured drivers in the su


Discuss this news
Click Here to see all comments