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Lunch Wrap

On FT Alphaville today,

- If in doubt, SHOUT. The chaps on Fast Money are shocked… do you hear them, shocked, amazed, hyped up about the LBO market.

- What went wrong with subprime? That’s the question. We just had no idea the answer involved Edward I.

- After the dollar was accused of falling short of the Monopoly money standard, now Dr Doom is having a go at the “confetti currency.”

- The sheiks are getting serious in Scandinavia.

- Volatility can benefit your business – but not enough apparently. Icap, despite trading going gangbusters over the summer, lost out in the market on Thursday, with the shares down 2.7 per cent.

- An approach for Abbot! Long-tipped by the Markets Live team, the oil services company confirmed it had received interest, thought to be from 3i.

- Keep up with the Great Prune 2007, with our updated jobs watch.

On FT.com today,

- The Bank of England kept interest rates on hold….as expected. But for how much longer given that….

- Just as we thought things were back on an even keel, UK house prices unexpectedly fell 0.6 per cent in September. The first decline this year is a concrete sign that the housing market is slowing in response to tightening credit conditions, according to the Halifax.

- Ofcom’s after BSkyB….again. This time the satellite corner of the Murdoch empire is in disgrace for proposals to charge for channels it plans to offer on Freeview.

- Michael Page is unperturbed by what was going on financial markets.

- And count them. John Gapper runs through the three lessons from the credit squeeze.
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