Things we're reading today include:
- CBI calls on Darling to hold back borrowing (Telegraph)
- SocGen bosses forced to waive over €8m in bonuses (Guardian)
- EU secures €50bn to bail out new members (Euractiv)
- EU leaders clinch deal on five billion stimulus plan (Euractiv)
- Summit calls for financial regulation ahead of G20 (Euractiv)
- Interview with Jean-Claude Trichet (Wall Street Journal)
- US banking losses revised upward (BBC)
- Obama Uneasy About Tax on Bonuses (New York Times)
- US details toxic asset programme (BBC)
- US Treasury Secretary Tim Geithner to announce new trillion dollar rescue plan (Telegraph)
- The Economics of Stimulus (Times)
- Time for change: five proposals (for the G20) (Guardian)
- The way out of crisis: leading economists' advice for the G20 (Guardian)
- Social Web sites face transparency questions (Associated Press)
- The Future of Twitter: Social CRM (Forrester)
and someone sent me this clip, saying that it was an advert for Wall Street as part of New York. You can make your own mind up about that one and the action starts after about 30 seconds:
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...