Gordon, Alastair, Mervyn and FSA boss Lord Adair are meeting at 5pm today to figure out their plan to stabilise markets. The FT is pointing the finger at Pesto
for bank shares collapsing today. The banks concerned have denied his story, it appears his report was the result of a briefing about possible
plans. There is real anger in the City because of his reporting. Peston has single-handedly inflamed the situation.