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Things worth reading: 12th May 2010

Things we're reading today include …

Great idea: leave banking, run the country
General Election 2010: bankers become MPs in new ParliamentThe Telegraph
 
Flash Crash
Regulators remain mystified by Dow’s 1,000 point freefallThe Times
'Flash crash' triggers overhaul of trading rulesThe Independent
Dow plunged when prop traders withdrew liquidity, says SEC The Telegraph

 
Regulators

Osborne aide says FSA might surviveFinancial 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 housesFinancial Times
Goldman is wrong target for official censureFinancial Times
 
People
John Paulson continues to display the Midas touch for investorsThe Telegraph
Fund managers ‘sold clients down the river’ over Bernard MadoffThe Times
 
General
Banks receive two million complaints in six monthsThe Independent


 

 

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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