These are my links for January 24th:
- FT.com / Companies / Financial services – Banks pressed to bail-out bond insurers – I don’t believe they will though – it’s always the state that bails out failing markets. Which is why the state should have a bigger say in markets
- FT.com / In depth – Turmoil puts big takeovers on hold – A move that should improve economic well-being since there is little evidence that takeoves improve the lot of anyone bar bankers, accountants and lawyers.
- FT.com / Companies / Retailing & leisure – Luxury goods makers feel chill of recession – Poor old Cartier.
- WhereâÄôs the quality? : AccMan – Dennis Howlett – also on the accounting quality theme
- City banks hit by non-dom chaos – Accountancy Age – Banks to increase salaries for US employees to cover non-dom fees, which proves what I’ve always said – that the domicile was a subsidy to these banks and biased against UK employees
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