Things we're reading today include ...
Anglo Irish set to cost taxpayer €25bn - The Telegraph
Anglo Irish Bank loss doubles to record €8.2bn - The Telegraph
Moody's let off fraud hook by SEC - BBC
SEC drops probe into Moody's - Financial Times
Candover to call it a day as credit crunch bites - Financial Times
Economies
Eurozone joblessness still at 10% - BBC
India's middle class drives economic growth of 8.8% - The Independent
US consumers less glum in August - BBC
Americans more confident despite fears of double dip - The Independent
Markets
Taxpayers set to pocket £27bn from bailing out Britain's banks - The Independent
Demonised 'algos' push the surge in FX trading - Financial Times
US drops China currency inquiry - BBC
Bonuses
Credit Suisse defends its bankers' mid-year bonus - The Telegraph
Heyday of paydays for bankers is over now golden years are gone - The Telegraph
Listen up Osborne, Labour's bonus tax did more harm than good - The Telegraph
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...