Things we're reading today include:
- Top AIG bosses 'to repay bonuses' (BBC)
- ING ask some staff to give back their 2008 bonuses (Yahoo!)
- What happened to Bank of America? (ABC News)
- D Börse finance chief quits over differences (Financial Times)
- Stocks Soar Most Since November On Toxic Asset Plan, Rise in Home Sales (Washington Post)
- Turner Report - the effect of boiling a frog! (AT8 pdf)
- Leaders put Lisbon revamp on the back-burner (Euractiv)
- China calls for new reserve currency (Financial Times)
- G20: Barack Obama urges leaders to agree on new economic stimulus (Telegraph)
- A 'Big Bang' in the Credit Derivatives Universe (Derivatives Week)
- Financial Crisis for Beginners (Baseline Scenario)
This article from the Guardian is particularly interesting:
Views of the next generation: seven
young people discuss their priorities for government spending and what
they think about bankers, bonuses, free bus passes and the big loss of
Woolworths.
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...