Things we're reading today include ...
UK:
- Short-sellers target Standard Chartered (Telegraph)
- Paulson may have made £300m shorting Lloyds and HBOS (Telegraph)
- Bank of England's launch of quantitative easing a qualified success (The Times)
- Under King's rule, conventional gilts are now suddenly sexy (Guardian)
- Jeremy Warner: Is the Bank shooting at the wrong target in aiming at gilts? (Independent)
- FSA chief Hector Sants says that Gordon Brown contributed to economic crisis (The Times)
- 'Lord of Fraud' convicted of plotting world's largest ever bank raid (Telegraph)
- Failed banks toxic debt 'generated by massive mortgage frauds' (Telegraph)
Europe:
- Barroso defends EU's handling of economic crisis (Guardian)
- US urges Europe to push harder on economy (The Times)
Asia:
- China hit by massive drop in exports (Financial Times)
World:
- Slumping billionaires: financial crisis slashes ranks of world's super rich (Guardian)
- World loses more than $50 trillion (Washington Times)
- Geithner urges action on global economy (Financial Times)
- Darling wants bank clean-up to top global agenda (Guardian)
- (G20) summit to cost Britain £50m (The Times)
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...