WikiLeaked Doc Reveals Wall Street Plan for Global Financial Deregulation

http://www.commondreams.org/headline/2014/06/19-2



The 'WikiLeaks Mobile Information Collection Unit' created by artist and activist Clark Stoeckley

WikiLeaked Doc Reveals Wall Street Plan for Global Financial Deregulation
- Common Dreams staff
Published on Thursday, June 19, 2014 by Common Dreams

WikiLeaks published a previously tightly-held and secretive draft of a trade document on Thursday that, if enacted, would give the world's financial powers an even more dominant position to control the global economy by avoiding regulations and public accountability.

~snip~

Lori Wallach, director of Public Citizen's Global Trade Watch, said the deal described in the draft, if approved by national governments, would be a disaster for any regulatory efforts designed to put a check on global finance.

In a statement responding to the TISA draft released by WikiLeaks on Thursday, Wallach said:

“If the text that was leaked today went into force, it would roll back the improvements made after the global financial crisis to safeguard consumers and financial stability and cement us into the extreme deregulatory model of the 1990s that led to the crisis in the first place and the billions in losses to consumers and governments.


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Read all about it: http://wikileaks.com/tisa-financial/press.html