On FT Alphaville this morning,
- Carlyle Group’s new fund: taking advantage of distressed debt.
- For SIVS it’s death by accountancy: the FASB has voted to condemn the QSPE to history.
- Fitch downgrades MBIA.
- Banking analysis made easy: 74 European banks complete with fundamental and valuation parametres.
- Should we expect a resurgence of quantitative hedge fund strategies?
- CIC exec goes Scandi and gives SWF hysterics a lesson in reason.
- Pink Picks: A Diamond engagement for UBS, stricter regulation ahead and Greenspan on the innocence of the Fed.
- Further reading this morning: UBS board failed duties, sex and finance and the most racist, bigoted country in the Western World…
- And in Markets Live: raw material prices and the mining sector; UBS and Europe’s banks; and the Parisian extinction of the Olympic Torch.
On FT.com,
- Novartis takes $11bn stake in Nestle’s Alcon eye care business.
- Lachlan Murdoch’s A$3.3bn CMH buyout collapses.
- Oil hits $107, Gold up to $916.
- Bid hopes spur rally on FTSE, up 37 at 5985.
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