|
|
Does the US have a financial capital? If so, which city?
Question
#103284. Asked by joezhou300. (Feb 23 09 5:47 PM)
|
BRY2K

|
National oil companies, other state-owned enterprises, and sovereign wealth funds have brought politicians and political bureaucrats into economic decision-making on a scale we haven't seen in a very long time.
Now the U.S. has gotten in on the game. New York, once the financial capital of the world, is no longer even the financial capital of the U.S. That honor falls on Washington, where lawmakers are now injecting populist politics into economics decisions.
http://online.wsj.com/article/SB123267029592108287.html
|
queproblema
|
Washington, D.C.
I wasn't even looking for this, but just reading the news:
"Dodd’s casual remark and the not-so-casual consequences it caused were among the most vivid examples of a new Washington phenomenon. The city’s sudden status as the de facto world financial capital means that briefings and interviews that once would have passed with a yawn can create instant terror on Wall Street and Main Street alike."
This is reference to the senator's musings on bank nationalization.
http://www.politico.com/news/stories/0209/19213.html
Not sure how true this is, or if it's just nervous hype.
|
Find something useful here? Please help us spread the word about FunTrivia. Recommend this page below!
|