Things we're reading today include:
Essex County Council sets up bank to help businesses in recession (Telegraph)
Barclays investors vent anger over Middle Eastern fundraising (Guardian)
Barclays revolt fuelled by shareholder anger (Times)
Bank of America chief 'told to buy Merrill or face sack' (Guardian)
Bank of America 'forced to conceal' Merrill rescue facts (Telegraph)
Budget 2009: Britain's debt will not be under control until 2032 (Telegraph)
Germany's slump risks 'explosive' mood as second banking crisis looms (Telegraph)
Fix financial systems or prolong recession, says IMF chief (Guardian)
Brussels wants cap on bank bonuses (Financial Times)
Warning over US toxic asset plan (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...