Things we're reading today include ...
Today's must read:
Inside Google, Wired Magazine, August 2009
Google “becomes the third part of your brain – you know, there’s a left brain, a right brain and there’s a third part where that collective intelligence that Google can help bring to you really helps you get through every day ... I like the emergence of – the marketing buzzword is ‘collective intelligence’ - the emergence of the sum of what Facebook, Twitter, Google, the blogging sphere, what is really the beginning of a much deeper understanding of what’s really going on in the world.”
Eric Schmidt, Chief Executive, Google
UK to reform financial regulation (BBC)
Bankers’ pay curbed under new City rules (Times)
Regulator eyes bank liquidity requirements (Financial Times)
EU Ministers Criticize Banking Rules (Wall Street Journal)
City Minister Lord Myners calls for ‘surgery’ on EU hedge fund curbs (Times)
Myners attacks EU's hedge fund proposals (Independent)
Rule change set to boost Commerzbank (Financial Times)
Concerns grow over Gulf banks (Financial Times)
US regulators plan to curb speculators (Independent)
Quote of the Day:
"This does not mean that humans can be produced in a dish and we have no intention of doing this."
Professor Karim Nayernia, The end of men? Daily Mirror
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...
