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Things worth reading: 11th December 2009

Things we're reading today include …


UK and France 'agree on banking'BBC
EU nations get behind super-tax on bonusesThe Times
Tax on bankers’ bonus ‘would infringe human rights’The Times
No cash bonus for Goldman bossesBBC

Tobin Tax

Tobin tax remains Treasury ambitionFinancial Times
EU calls for tax on bank tradesBBC
Not time for TobinThe Times


ING to repay €5bn Dutch government loanFinancial Times

Derivatives trading lands Barclays with Indian banThe Independent
Citigroup sounds out investors on $15bn cash call to repay bail-outThe Independent
Lehman Brothers' Dick Fuld, Jeremy Isaacs and Roger Nagioff 'return'The Telegraph


Britons may be £1.45trn in debt but they are worth £9trn, says ONS studyThe Independent
FSA proposes extra £32.6bn capital buffer for UK banksThe Telegraph
We need bankers more than they need usThe Times
Bankers will follow the moneyFinancial Times
War on greed Financial Times
Islamic economicsBBC


Quote of the Day:

"I came to Dubai to find out if it really is all it's cracked up to be, and the answer is if you like sun and fun, glitz and glamour – a resounding 'yes'.  As for the credit crunch, eveyone I have met here says the same thing: Dubai won't just sruvive, it will thrive."
Piers Morgan, ITV, January 2009


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About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.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...

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