Chris Skinner's blog Shaping the future of finance
Things we're reading today include …
Bank of England governor sees danger in taking his foot off the accelerator (Guardian)
Bank of England surprises markets with move to increase 'printing money' plan (Telegraph)
Bank wants extra £50bn for 'fragile' economy (Independent)
Commerzbank reports more losses
(BBC)
AIG breakup nets Wall Street $1 billion bonanza: report (Reuters)
Judge raps $33m bank bonus fine (BBC)
Wal-Mart family bankers buy into Kansas City (Kansas City)
City Diaries: 7 August (Bonuses) (BBC)
Rebuilding the banks (Economist)
Deutsche Sees 48% of All US Mortgages Underwater in 2011 (Housing Wire)
Google Maps Shows Foreclosure Status (Calculated Risk)
Quote of the Day
"We used to think it was enough just to sell healthy food, but we … sell a bunch of junk."John Mackey, CEO, Whole Foods Market Inc (Wall Street Journal)
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