Things we're reading today include …
Germany approves new 'bad bank' (BBC)
ECB fears bank crisis in 2010 as recession drags on (Telegraph)
Ailing Banks Caught Between Regulators' Competing Visions (Washington Post)
US appoints executive paymaster (BBC)
‘Special Master’ Feinberg Takes on Bankers After 9/11, Vietnam
US economic activity 'still weak' (BBC)
TARP payback may not help consumers (Fortune)
Get Ready for Inflation and Higher Interest Rates (Wall Street Journal)
Quote of the Day:
"A bore is someone who talks when you wish him to listen."
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