Things worth reading: 1st September 2010

Things we're reading today include ...

Companies

Anglo Irish set to cost taxpayer €25bn - The Telegraph
Anglo Irish Bank loss doubles to record €8.2bn - The Telegraph
Moody's let off fraud hook by SEC - BBC
SEC drops probe into Moody's - Financial Times
Candover to call it a day as credit crunch bites - Financial Times

Economies

Eurozone joblessness still at 10% - BBC
India's middle class drives economic growth of 8.8% - The Independent
US consumers less glum in August - BBC
Americans more confident despite fears of double dip - The Independent

Markets

Taxpayers set to pocket £27bn from bailing out Britain's banks - The Independent
Demonised 'algos' push the surge in FX trading - Financial Times
US drops China currency inquiry - BBC

Bonuses

Credit Suisse defends its bankers' mid-year bonus - The Telegraph
Heyday of paydays for bankers is over now golden years are gone - The Telegraph
Listen up Osborne, Labour's bonus tax did more harm than good - The Telegraph