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Elsewhere on Friday,

- Abolish the Fed.

- “It is almost impossible to imagine what the CBS management and board were thinking when they bought CNET for $11.50 a share or $1.8 billion.”

- No one at the TSLF party.

- “Vikram’s in charge now, and he clearly has no idea what he’s doing.”

- Sentimental alpha.

- Worst securitisation. Ever.

- “Carl Icahn is proposing 10 directors for Yahoo’s board. Among them are Harvard corporate governance expert Lucien Bebchuk and Dallas Mavericks owner/blog maverick/Dancing With the Stars Contestant/Ayn Rand fan Mark Cuban”

- Luxury Foreclosures

- World stock markets - “Ghana is up the most at 44.67%, followed by Oman, Qatar, Jordan, Puerto Rico, Kuwait and Costa Rica.”

- More blaming the accountants.

- Bubble. 2008 edition.

- Toffs rule OK.

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