On FT Alphaville this week,
- Northern Rock was nationalised last weekend. On Monday was the FT Alphaville comment roundup.
- Further widening on the credit indices, with CPDOs on the cusp of forced deleveraging.
- Qatar took a stake in Credit Suisse.
- Only to wake up on Tuesday and find its investment was already worth 7% less.
- Disappearing LBO writedowns – UK banks kicked off their reporting.
- On which note, there was little sign of clarity from BarCap.
- Wear a sticker, you communist.
- Midweek, KKRunched.
- Monoline ACA gets another reprieve, Blackstone advises
- StanChart SIV Whistlejacket bonds were one day away from default.
- Vallejo, California, pop. 116,760 – subprime city.
- On Thursday, Dresdner offers liquidity support to its $18.8bn SIV.
- National Granite: there’s this thingy… its called a securitisation, or something…
- And on Friday, the return of negative equity?
- Pre-weekend rumour: UBS/BoA edition.