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Lunch Wrap

This morning on FT Alphaville,

- The TAF isn’t working; but why the crisis may have been predictable.

- More signs of woe among hedge funds.

- And a burgeoning debate on how they fare in times of volatility.

- The latest on FKI, breaking GE news, and the bull case, in Markets Live.

- Prodesse though is getting more funds to deploy.

- A $300m getaway for stressed-out leaders.

- Sax discrimination, an un-IPO and Moody’s cultural overhaul in further reading.

On FT.com,

- A disappointing Easter for Cadbury.

- Mexican metals company Penoles announced plans to float its Fresnillo gold and silver operations on the LSE.

- Frontier Airlines has filed for bankruptcy protection.

- Boosey & Hawkes, the classical music publisher, has been sold for £126m.

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