TOULON, France, Sept. 25 -- French President Nicolas Sarkozy warned Europe on Thursday that it cannot escape shock waves from the U.S. financial crisis and that to protect its future, it must take the initiative in rewriting worldwide banking rules to end the "folly" of an under-regulated system he... -
Sarkozy Advocates Systemic Change After Crisis
TOULON, France, Sept. 25 -- French President Nicolas Sarkozy warned Europe on Thursday that it cannot escape shock waves from the U.S. financial crisis and that to protect its future, it must take the initiative in rewriting worldwide banking rules to end the "folly" of an under-regulated system he...-
By Edward Cody