DAVOS CIRCUS SUMMIT

BANZAI7 NEWS--Top banksters and senior regulatory clowns from major economies held informal private talks on regulation that participants called "hilarious" and which produced little concrete result.

The meeting sought to build bridges between banksters and feckless regulators after days of sometime acrimonious discussion in Davos about how much extra regulation should be imposed on banks following the forgotten financial crisis.

Regular laughter emanated through the closed doors of the invitation-only meeting, suggesting the meeting was a circus performance featuring the regulatory clowns and financial magicians at their best.