Alot more was discussed than that. There is a full list of things that they decided to work on. They had to agree on the root issues first so they can move on from there.
Obviously the first things that will happen are interest rate cuts etc.
http://www.euronews.net/en/article/15/11/2008/g-20-agrees-plan-to-halt-recession-and-oversee-markets/
g20 hot air.... no action...market down, page-4
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