Yourspace - have your say – a new global web movement with a mission to close the gap between the world we have, and the world most people want – has launched a petition to be delivered to PES President Poul Nyrup Rasmussen next Tuesday. The petition ‘Global Financial crisis: act now!’ calls on European, US and world leaders to fix the fundamental flaws which made the global financial crisis possible. The petition is being delivered to our PES President because of his work over the last eighteen months on financial market reform, and because the reform package he has steered through the European Parliament will be voted on Tuesday 23 September.

Let’s help make this timely and important initiative a success! Please sign the petition and forward it to you friends.For more on the PES’ work financial market reform, please follow the link.

Hear what progressives – talking to Yourspace – see as the cause and solution of the financial crisis.

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  1. The European Parliament yesterday passed the Rasmussen report on new and better regulation of financial markets – calling on the European Commission to make legislative proposals by the end of the year covering “all relevant actors and financial market participants, including hedge funds and private equity”.

    The report has been adopted by 562 votes on 673, and more than 100,000 people have signed the petition ‘Global Financial crisis: act now!’

    Thanks to your support the PES report on Hedge funds and private equity has been a great success!

  2. “Please sign the petition and forward it to you friends”…
    I am of the same opinion – We need a discussion about this basic topic to strike a new path .
    Without fixes the Global Financial Crisis will get worse.

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