By GottaLaff
What a Communist peace-making hippie:
According to a source inside the room, President Obama just played peacemaker in a spat between French President Nicolas Sarkozy and Hu Jintao, President of the People's Republic of China.
Sarkozy and Hu were having a heated disagreement about tax havens. France and other European nations have been pushing for rules and regulations to apply to various tax havens; Germany's Finance Minister Peer Steinbrueck has said "these tax havens are also places where unregulated financial market deals are made."
But Chinese leaders fear a crackdown would hurt banking centers in Macao and Hong Kong.
The exchange between Sarkozy and Hu got so heated, the source says, it was threatening the unity of the G-20 leaders' meeting.
But Mr. Obama, according to this account, stepped between the two men, urging them to try to find consensus, and giving them a "pep talk" about the importance of working together.
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