Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-09-23-Speech-2-205"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2008-09-23"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20080923.31.2-205"2
lpv:hasSubsequent	lp_eu:2008-09-23-Speech-2-2062
lpv:speaker	lp:Astrid Lulling2
lpv:spokenAs	member; Quaestors (2007-01-16--2009-07-13)3 quaestor; Parliament's Bureau (2007-01-16--2009-07-13)3 member; ECON (2007-01-31--2009-07-13)3 quaestor; European Parliament (2007-01-16--2009-07-13)3 vice-chair; Delegation to the ACP-EU Joint Parliamentary Assembly (2004-09-15--2009-07-13)3 substitute; Delegation for relations with the countries of Central America (2007-03-14--2009-07-13)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2007-05-23--2009-07-13)3 member; FEMM (2007-01-31--2009-07-13)3 member; EPP-ED (2004-07-20--2009-07-13)3 substitute; AGRI (2007-01-31--2009-07-13)3 member; Delegation for relations with the Korean Peninsula (2007-04-26--2009-07-13)3 unknown; Parti chrétien social (2004-07-20--2009-07-13)3
lpv:translated text	"I voted in favour of the hard-won compromise negotiated by the three political groups in this Parliament and I am pleased with the comprehensive, balanced content of the report. The rapporteur had tried to place the burden of the financial crisis with hedge funds and private equity, but these products are neither the origin nor the catalyst of the current crisis, and I congratulate the rapporteur on having recognised this and put it right. The recommendations we are making to the Commission are intended to cover all relevant actors and financial market participants and to close the loopholes in existing regulations to address and combat those practices that contributed to the property market collapse in the United States becoming a global financial crisis. We are thus addressing bad risk management practices, the lack of transparency of certain investment products and conflicts of interest in credit rating agencies, which are the main causes of the financial crisis we are currently experiencing."@en1

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