Sarkozy © fintag

News comments:
As the Germans do a land grab (bbc) and fudge the legislation to ensure the EU super regulator is not in London or Paris but Franfurt, the gods look down and engulf Sarkozy in a nasty perfume bung scandal that could bring him down (guardian).

My prediction that German would win the World Cup were thwarted by Spain. Typical. It has been that type of year.

Today's shorts:
Solvency 11 to create lots of jobs (globalpensions)
Google To Be Banned In Europe (ft)

Today's longs:
Don't Mess With The Russians (telegraph)
Bonuses Outlawed (finfacts)

Gossip:
Europe to ban Europeans by 2014.