http://news.yahoo.com/s/nm/20100122/..._financials_25

LONDON/PARIS (Reuters) – Major European economies offered support on
Friday for U.S. President Barack Obama's plan to limit banks' size and
trading activities but indicated they had no plans to follow suit.

French Economy Minister Christine Lagarde welcomed the proposal,
saying it was a "very, very good step forward."

"President Obama has created a lot of space for the rest of the world
to come up with what I think would be a sensible system of
international rules," Conservative finance spokesman George Osborne
told BBC Radio.
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this will **** off the conservatives...worldwide governments talking
about how the 'socialist' US president is good for getting us out of
the banking crisis...