- 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.
- An end in sight for PPI calls as financial watchdog sets 2018 complaints deadline
- Three scenarios for the future of Volkswagen and its impact on the German economy
- Are local bank branches becoming irrelevant? Just over a third of people actually know where their local one is
- Just 53% of investors over the age of 65 think they have sufficient savings for later life
- Pocket an extra £135,000 over a lifetime by kicking your smoking habit this 'Stoptober'
- Bank account review - Which? calls for compensation for customers suffering poor service
- Markets rise, but will October continue to spook investors?
- Avoid a Hallowe'en horror by remembering to switch energy deals warns Gocompare
- Employers attack training levy as 'little more than a tax on business'
- UK broad liquidity accelerating, supporting rate rise case