Things we're reading today include:
UK
- Billions spent and we are still left in the dark (Telegraph)
- Blank under fire as Treasury moves to take control of Lloyds (Guardian)
- Lloyds in tense talks over stake (Financial Times)
- Merrill Lynch admits investigation of $120m 'rogue trades'
(Guardian)
Europe
- Talks continue on Fortis sale ahead of deadline (Financial Times)
- BNP Paribas nearing decision on Fortis (Times)
USA
- Madoff guilty plea on the cards (BBC)
- BofA CEO Lewis’ ’08 Compensation Cut 60% (Bank Systems & Technology)
- Wells Fargo becomes latest to trim dividend (Financial Times)
World
- Time for ID Theft Victim’s Bill of Rights, Industry Group says (Bank Systems & Technology)
- Age of excess fuelled rise of Ponzis (Financial Times)
- The Next Generation Investment Bank (pdf) (Boston Consulting Group)
- Nanotechnology goes to war (Guardian)
- It took exceptional brilliance not to see a crash coming... (Telegraph)
And one for everyone - Breathing Earth.
A fantastic website with the description telling it all: "Welcome to Breathing Earth. This real-time simulation displays the CO2 emissions of every country in the world, as well as their birth and death rates."
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...