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Things worth reading: 20th May 2009

Things worth reading today include:

Companies:

LSE swings to loss after goodwill charge (Market Watch)
Barclays faces Lehman legal action (Independent)
EU may force Lloyds to sell-off core assets (Times)
AIG poised to return $843m to investors (Financial Times)
Bank of America half way to filling capital hole (Times)

Markets:

German ‘bad bank’ scheme criticism rejected (Financial Times)
European plan for financial regulation faces UK obstacles (Financial Times)
US banks wait to hear when they can pay back Tarp (Times)
Senate Passes Bill to Restrict Credit Card Practices (New York Times)
Hedge funds under fire for not spotting market rally (Guardian)
Is it too late to buy bank shares? (Telegraph)

Economies:

CBI to attack Gordon Brown for 'economic vandalism' (Telegraph)
British economy falls even deeper into deflation (Telegraph)
Alistair Darling on the UK's recession: it'll be over by Christmas (Guardian)

India: does the Congress election victory signal an investment opportunity? (Telegraph)

Japan's economy in record plunge (BBC)
Japanese economy plunges at record rate (Times)
Japan's economy suffers record plunge (Telegraph)

Technology:

HP cuts jobs as profits fall 17% (BBC)
Hewlett-Packard to cut more than 6,000 jobs (Telegraph)

About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.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...

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