On FT Alphaville this morning,
- Shares in Carlyle Capital suspended as the $22bn fund teeters on the brink of liquidation.
- The latest monoline downgrade: CIFG loses its Aaa rating.
- Citi announces plans to free up more capital, slashing its mortgage portfolio by $45bn in size.
- The 7% drop in Merrill Lynch’s share price and the LYON bond behind it.
- LBOs in Japan: “an enduring appetite for leveraged finance”.
- Eurozone divided: spreads on Italian and Spanish bonds over German bunds are exploding.
- But in the states, are there signs of calm returning to the municipal bond markets?
- Read today’s Markets Live transcript.
On FT.com,
- A weak dollar rattles equity markets.
- The FT index points to a slowing UK housing market.
- Subprime writedowns weigh on Dutch-Belgian bank Fortis.
- And France and Germany move to restrict foreign investment in EADS.
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