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Things worth reading: 1st September 2010

Things we're reading today include …

Companies

Anglo Irish set to cost taxpayer €25bnThe Telegraph
Anglo Irish Bank loss doubles to record €8.2bnThe Telegraph
Moody's let off fraud hook by SECBBC
SEC drops probe into Moody'sFinancial Times
Candover to call it a day as credit crunch bitesFinancial 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 AugustBBC
Americans more confident despite fears of double dipThe Independent

Markets

Taxpayers set to pocket £27bn from bailing out Britain's banksThe Independent
Demonised 'algos' push the surge in FX tradingFinancial Times
US drops China currency inquiryBBC

Bonuses

Credit Suisse defends its bankers' mid-year bonusThe Telegraph
Heyday of paydays for bankers is over now golden years are goneThe Telegraph
Listen up Osborne, Labour's bonus tax did more harm than goodThe Telegraph


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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