Thursday, December 15, 2011

Quote of the day from Sarkozy: City of London is offshore

From Nicolas Sarkozy, widely reported yesterday, on UK Premier David Cameron's European snub, on behalf of the City of London:
"Cameron behaved like an obstinate kid, with a single obsession: protecting the City, which wants to carry on behaving like an off-shore centre. No country supported him."
We have our disagreements with Sarkozy but this reference to the City as an offshore centre is spot on. May the realisation continue to spread. More on this here.


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