Chris Skinner's blog Shaping the future of finance
Things we're reading today include:
- Disgruntled shareholders vent fury at HSBC board (The Times)
- New whistleblower claims over £1bn Barclays tax deals (Guardian)
- RBS boss says trying to defend Sir Fred Goodwin is 'mission impossible' (Telegraph)
- The latest victim of the credit crunch: Sir Fred's private jet (Guardian)
- House Approves 90% Tax on Bonuses After Bailouts (New York Times)
- G20 'deal on global regulation' (BBC)
- OECD says world economy to shrink (BBC)
Meanwhile, in the USA, AIG continues to irritate:
Embedded video from CNN Video
So much so that when Barack Obama made an appearance on the Tonight Show with Jay Leno, something no previous President has ever done whilst in office, it formed the focal point for much of the conversation:
Apparently, President Obama is already suffering from a backlash against his office due to the lack of action against AIG.
These bonus days aren't over.
