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Highlights - Comments by European Union finance ministers
Following are comments by European Union finance ministers and other officials who met on Tuesday for a second day of talks on EU budget reforms.
uk.news.yahoo.com

Finance and Banking
In these difficult economic times, the duties and liabilities of the promoters of financial products are coming under much tighter scrutiny.
www.mondaq.com

Bank customers in 'dire poverty'
Banks are accused of leaving some customers in "dire poverty" after taking money out of their accounts without permission.
www.bbc.co.uk

Banks leave some customers in 'dire poverty'
High Street banks have been accused of leaving some customers in "dire poverty" after taking money out of their accounts without permission. Banks can move cash between different accounts belonging to the same person, and only have to tell them afterwards.
www.bbc.co.uk

Key points from ECB texts
The European Central Bank kept interest rates at a record low of 1.0 percent at its meeting on Thursday and extended its liquidity safety net for vulnerable euro zone banks into next year.
uk.news.yahoo.com

Japan PM Kan rival Ozawa clash over fiscal policy
Prime Minister Naoto Kan and rival Ichiro Ozawa clashed over fiscal priorities Wednesday in a battle for party leadership that threatens a policy vacuum as Japan struggles to tackle a strong yen and weak economy.
uk.news.yahoo.com

IMF bailout was loan, not cooperation deal, says Hungary's Orban
(BUDAPEST ) - A multi-billion-euro rescue package that saved Hungary from bankruptcy two years ago was a loan rather than an economic cooperation deal, Hungarian Prime Minister Viktor Orban said Monday.
www.eubusiness.com

Markets ruled by extreme mispricing
Here's my holiday resolution; I'm selling the house and piling the proceeds into Greek government bonds.
www.telegraph.co.uk

City pay for expensive taste and waste
Those Eastlands spendthrifts break the trend of a new realism as the Premier League transfer window closes More compelling than Manchester City's lavish buys were the crashingly expensive errors they tried to correct in this transfer window: chiefly, that deadline-day thespian, Robinho, who has bounced between Real Madrid, City and now Milan inside two years, and left no pool of perspiration at ...
www.guardian.co.uk

Dumbo the Elephant - elephants really do fly! - community blog from Colin Day
Dumbo the Elephant - elephants really do fly! The blog seems to have resonated with a number of you judging by the comments I received over the past couple of last week.
www.finextra.com

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