Chris Skinner's blog Shaping the future of finance
Things we're reading on 27th February 2009:
- Government's insurance for toxic assets is generous to a fault (The Telegraph)
- RBS and Lloyds nationalised in all but name, says Bank of England Governor Mervyn King (The Telegraph)
- Lloyds sees HBOS loss of £10.8bn (BBC – quotes Chris Skinner)
- Lloyds keen to bury £200bn toxic debt in state scheme (The Times)
- Mervyn King attacks Labour and 'astronomic' pay of top bankers (The Times)
- Sir Fred Goodwin: 'Anyone else would have had their pension cut to £20,000' (The Telegraph)
- Royal Bank of Scotland rescue plan could be a winner (The Times)
- CME in talks to launch derivatives clearer in London (Financial Times)
- Confidence falls in eurozone as economy fears grow (The Times)
- European banks to receive €24.5bn loan (Financial Times)
- A better way to fix the banks (McKinsey Quarterly)
- JPMorgan to cut 12,000 jobs (The Straits Times)
- US Government may raise Citi stake to 36pc (The Telegraph)
