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FSA's Latest Letter On The Royal Bank of Scotland Report

Financial Services Authority Chairman Lord Turner has now publicly released a letter he sent earlier this week to Andrew Tyrie, the chairman of the UK Treasury Select Committee, on the subject of the regulator's report into the meltdown over at The Royal Bank of Scotland.

Stupid Bonus Quote Of The Week

EU financial services chief Michel Barnier has been talking to the UK Treasury Select Committee on the subject of banker bonuses and the new EU restrictions.

The 'Curse'

Mummified Hand - Tomascastelazo

A 'curse', they are calling it now. The 'curse' of being associated with Ponzi schemer Bernie Madoff.

Bank Pulls The Plug On Bonuses

BBC News reports that Irish Finance Minister Brian Lenihan has told Allied Irish Banks that any state aid would only be paid over on condition that no staff bonuses were paid out - no matter when they were earned.