Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-241"
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"en.20100922.20.3-241"2
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"I voted in favour of this report, since it introduces innovative proposals regarding the supervision of financial institutions, especially cross-border institutions. I think it is important that the large financial entities are afforded special treatment in this document, since their failure could cause the entire financial system to collapse. The creation of a European fund pre-financed by the financial institutions, to protect depositors and rescue institutions in difficulty where their bankruptcy could ruin the entire system, is, in my view, a suitable solution for filling in the gaps and remedying the ineffectiveness of the system that led us into the deep crisis that we are currently experiencing."@en1
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