Chris Skinner's blog

Shaping the future of finance

Things worth reading: 20th July 2009

Chris Skinner Author Avatar
by
Cisco

Things we're reading today include ...

*

Today's must read

Lord Myners attacks bankers’ greed and finds God (Times)

“Lord Myners, the minister appointed to clean up the City, is so disenchanted
by bankers’ greed and self-aggrandisement that he is planning to become a
theology student
... he was worried he
may have ’neglected’ the moral purpose of life and was ’increasingly
exercised and concerned with the fact that we have compromised our lives ... this is very evident in the financial community – that money has become
everything. People have lost their sense of purpose. The absence of clear
moral purpose is something that is very troubling.’ ”

*

Bank bonuses

Bonus boom time returns to Wall Street (Independent)
Leave the bankers alone to their bonuses (Times)
Make bankers and bureaucrats pay for their mistakes (Telegraph)
Crackdown on City pay ignites fears of exodus by star bankers (Times)
Ex-Lehman traders to get huge bonuses (Guardian)

RBS lost 700 top traders (Times)

US Banks

US banks unleash wave of optimism (Financial Times)
Behind the profits lies trouble for 2 bank giants (St. Louis Post Dispatch)
Return of the banks' golden age is an illusion (Financial Times)

UK Banks

Tories say break up the big banks (Times)
Lloyds to stun City on profit (Times)
Roger Jenkins to quit Barclays and set up own venture (Times)

UK Economy

Ernst and Young report says hopes of recovery in UK are unrealistic (Telegraph)
UK economy set for biggest fall since 1945 (Independent)
City firms plot to avoid 50pc tax (Telegraph)

Europe and Asia

Top City financiers step up lobby against new laws from Brussels (Independent)
Hester courts Brussels in bid to avoid fire sale (Telegraph)
Swiss call for tax watchdog (Guardian)
China's eastern promise belies its volatility (Telegraph)

General

Bring back usury law to control interest rates, campaign urges (Guardian)

*

Quote of the Day

"Don't worry about your credit cards and driver's license - I know I can't use them ... after tonight, at least."   Note left by burglar to victim

*

And this will just cheer you up.

A video of a dog barking at himself, barking at himself (the laptop is playing a YouTube clip of him barking at himself) ...


I wondered what happened to Eddie from Frasier, and now I know.

Hat-tip to the Ridiculant

**

*

The Finanser is sponsored by Vocalink
and Cisco:
Cisco  
For details of sponsorship email us.

ReadingCategories
Chris Skinner Author Avatar

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...

Intelligent Money: Our Future Is Where We Do Not Think About Money, As Our Money Thinks For Us

What is the future?

Learn more

Learn more about Chris

About Chris Skinner

The Past, Present And Future Of Banking, Finance And Technology

Fintech expert Chris Skinner: countries need digital transformation to remain competitive

Join me on Linkedin

Follow Me on X!

Hire Chris Skinner for dinners, workshops and more

Learn directly from from one of the most influential people in technology, gain insights from the world's most innovative companies, and build a global network.

Chris’s latest book

Order now

Chris Skinner’s ‘Intelligent Money’ Book Launch Event

Top 50 Global Thought Leaders and Influencers on Finance 2024

Global Awards

Lifetime Achievement Award

Global 100 - 2024 Winner

Chris Skinner - Financial Markets Advisor of the Year - The Finanser - UK 2023

Best Financial Markets Advisor of the Year 2023

30 Best Regtech Blogs and Websites 2023

Kids creating the future bank | TEDxAthens

Captain Cake and the Candy Crew

Captain Cake Winner of a Golden Mom’s Choice Award

TWO-TIME WINNER OF A MOM’S CHOICE GOLD AWARD!

Alex at the Financial Services

Gaping Void's Hugh MacLeod worked with the Finanser