Things we're reading today include ...
Great idea: leave banking, run the country
General Election 2010: bankers become MPs in new Parliament - The Telegraph
Flash Crash
Regulators remain mystified by Dow’s 1,000 point freefall - The Times
'Flash crash' triggers overhaul of trading rules - The Independent
Dow plunged when prop traders withdrew liquidity, says SEC - The Telegraph
Osborne aide says FSA might survive - Financial Times
MEPs plot super-regulator based in Frankfurt - The Telegraph
ECB risks its reputation and a German backlash over mass bond purchases - The Telegraph
IMF's levy on financial institutions 'outrageous' - Financial Times
Companies
NYSE Euronext to set up new clearing houses - Financial Times
Goldman is wrong target for official censure - Financial Times
People
John Paulson continues to display the Midas touch for investors - The Telegraph
Fund managers ‘sold clients down the river’ over Bernard Madoff - The Times
General
Banks receive two million complaints in six months - The Independent
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...