How the Financial Sector Can Pay for the Crisis
SEIU 1800 Massachusetts Ave NW, Washington, DCOn April 23, finance ministers from the G-20 countries will be meeting in Washington, where they will discuss various options for ensuring that the financial industry pays a fair share of the costs of the global crisis. This forum will highlight proposals for financial speculation taxes, very small levies on trades of stock, derivatives, currency, and other financial instruments that would curb excessive speculation and raise upwards of $100 billion a year for important public investments like creating jobs, providing global development aid, and addressing climate change worldwide.