This morning on FT Alphaville:
- Oppenheimer’s Whitney heads back to the chopping block;
- The Northern Rock fallout has spread to the FSA’s stationery cupboard
- Here’s moral hazard, in a picture
- And full, painful transparency at Deutsche Bank
- We have John Plender arguing that this crisis will go well beyond Bear
- Martin Wolf on the limits of liberalism
- And there’s the latest Real Share Hustle
Plus:
- and the CDS report, where the rally in credit has petered out
On FT.com:
- The Bank of England is ready to hoover up banks’ illiquid assets – a revolutionary step
- Sainsbury has struck a £1.2bn property deal with British Land
- Shares in Xstrata fell after its merger talks with Vale were called off
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