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Lunch Wrap

On FT Alphaville this morning,

- There’s been a Bear attack. And an addition to the list of things you can buy for $2.

- Markets Live has more on the walking wounded. How much lower will Lehman open?

- One shareholder objected to JPMorgan’s cut-price deal for Bear on the banks’ late night conference call.

- No wonder there’s a pot of funds set aside for potential litigation.

- How does Bear compare to the UK’s own busted bank, Northern Rock?

- Meredith Whitney, cheerful as ever, sees another 50% downside for financials.

- What does it all mean for Visa’s monster IPO?

- There’s bad news from the money markets, as the Bank moves to ease overnight liquidity stresses.

- There’s sign of CDS stress ahead of Q1 numbers.

- British Energy confirms that it is in takeover talks – partially at least.

On FT.com,

- Deutsche Telekom hopes to secure control of Hellenic Telecom after snapping up a near-20 per cent stake.

- Siemens dramatically issued a profit warning, saying earnings would be €900m lower than forecast.

- The dollar plunged to record lows against the euro and Swiss franc and its weakest level since 1995 versus the yen.

-The slide in new house building in the US means profits pain for Wolseley.

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