On FT Alphaville this morning,

- Moody’s CPDO bug.

- The Moody’s statement.

- A CPDO explainer.

- The FT investigation findings – a triple A failure.

- And more, on Markets Live.

- The rumblings around oil.

- CIFG’s latest downgrade.

- A buy-to-let specialist lives!

- Eye candy, CDS, and Stein’s law, in further reading.

On FT.com,

- The Bank of England’s MPC voted eight against one to hold interest rates this month.

- Wolseley said it was planning a further round of cost cuts in the face of the continued downturn in housing markets.

- ArcelorMittal has entered talks about a transaction with Macarthur Coal, after paying $604m for a near 15 per cent stake in the company.

- London equities recovered, with strengthening resource stocks tracking bullish commodities markets after oil prices held above the $129 per barrel mark.

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This entry was posted by Helen Thomas on Wednesday, May 21st, 2008 at 12:09 and is filed under Uncategorised. Edit this entry.