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.
- Where’s 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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