Things worth reading: 11th August 2009

Things we're reading today include …

UK

(UK's new) ID card hacked, cloned in 12 minutes (Computerworld)
Bank trial offers faster payments to suppliers  (Telegraph)
The banks are squeezing small businesses and nobody seems to care 
(Telegraph)
Mandelson takes charge and resolves to reject Darling 'defeatism' (Times)

Europe

Documents show how Kaupthing turned a shambles into a crisis 
(Telegraph)
Germany still in credit crunch ‘danger’ 
(Financial Times)
Dueling Plans on Regulation in Germany 
(WSJ)
Swiss ministers interrupt summer holidays for special meeting on UBS 
(Telegraph)
Biannual information on euro banknote counterfeiting 
(ECB)

USA

Will Direct Edge Lose Its Edge? 
(WSJ)
The secret history of TARP: How Goldman bailed out Goldman… 
(Prison Planet)

Social Finance

The Future of Banking? Deposit Checks via iPhone 
(Mashable)
Kids want to own, not stream, their music says survey  
(The Next Web)
One Team, Two Twitters Strong 
(Wells Fargo/Wachovia)
Facebook acquires FriendFeed 
(Financial Times)

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