Sarko, Merkel fire warning shot across Obama bow

Say U.S. will not be world’s only financial regulator

French President Nicolas Sarkozy and German Chancellor Angela Merkel are presenting a united front to the U.S. in front of the April G20 summit of economically developed and strongly-developing nations. They say the European Union’s work on its own set of financial regulatory reforms won’t take second place to any American ideas.

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