- 27 April 2012
According to Michael Schuman, the decision last week by the shareholders of Citigroup to reject a $15 million pay package for CEO Vikram Pandit is a victory for capitalism, and a signal that, hopefully, more capitalism is on the way. The Curious Capitalist
From Banco Santander CEO Alfredo Saenz: "Mortgages get paid in good times and in bad," he said in a news conference at the bank's headquarters outside Madrid. "Anyone raising this problem as one of the issues for the Spanish financial system is saying something stupid." FT Alphaville
If earnings reports make you dizzy, don't worry, because Derek Thompson sums up Apple's $39 billion second-quarter performance into four graphs that break down revenue and revenue growth by product, and by country. The Atlantic
The list includes: The one-year rule, the no-friends rule, the 2% rule and the Good health rule. The Altucher Confidential
Morgan Sandquist, a member of the Occupy Wall Street Alternative Banking Group is puzzled why – despite the fact that the largest banks in America-Citibank, Bank of America, Wells Fargo, and others are probably insolvent – no-one seems to care. Naked Capitalism
Get the best of the financial news via the Finance Blogs
Got any other suggestions for what we should be reading? Tell us below
To receive our free email newsletter sign up here.
- What has happened to food and energy prices and inflation in 2014?
- Both the Bank of England and the UK Public Finances are having a Mad Hatters Tea Party
- Invesco Perpetual's Mark Barnett on where UK equities go from here
- Mindful Money's weekly share-tips: Sports Direct, Reed Elsevier, Unilever, William Hill and WPP
- AstraZeneca gets a Pfizer boost
- The unanswered question - could new mortgage lending rules restrain house prices - outside London at least?
- Gap between investor income expectations and actual returns widens
- Consumer group Fairer Finance calls on banks and insurers to spare their customers the small print
- Despite greater pension freedom retirees are set to see their income collapse
- Lower earners and self employed may fail to get mortgages as big lenders' computerised decisions apply tougher lending rules