Things we're reading today include ...
- Turner: Cost of bank bailout was small compared to instability - The Independent
- FSA: Starting over on protecting consumers - The Independent
- Washington aide ‘has changed mind’ over proprietary trading - The Times
- 'Robin hood' bank tax wins backing of Japanese foreign minister - The Telegraph
- Turner hints prop traders will escape ban - The Times
- Soros hedge fund bets on demise of the euro - The Independent
- Contactless card limit up to £15 - BBC
- AIG to use Asian sale proceeds to pay off state debt - The Telegraph
- Regulator 'seduced' by boom years - BBC
- Barnier refuses to back down in EC battle with hedge funds - The Independent
- SEC's new short selling rules 'threaten liquidity' - Financial Times
- UK banks see surge in bad debts - BBC

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