Things we're reading today include:
- Northern Rock can offer a blueprint for disaster (Telegraph)
- Co-op Bank profits rise in second half of 2008 (Telegraph)
- Nationwide protests over £250m bill for FSCS (The Independent)
- Darling to give backing to mutual model
(Financial Times)
- Scorn Trails A.I.G. Executives, Even in Their Driveways (New York Times)
- AIG warns staff to travel in pairs after death threats over bonuses (Guardian)
- $2.5 Billion in Merrill Bonuses Would Elude Tax (New York Times)
- Threat of 100% bonus tax raises fears for future of US banks (Times)
- Banker fury over tax ‘witch-hunt’ (Financial 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...