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Lunch Wrap

On FT Alphaville this morning,

- Is coal a stock market canary?

- Hindenburg omens, miners and the FTSE bear market, in Markets Live.

- The hypocrisy of Steve Schwarzman, FAS 159 edition.

- “If 2007 was the year of subprime, 2008 should count as the year for everything else.

- Chart of the day: 28,000,000 Americans on food aid.

- And the top 126 hippest financial firms in the City.

On FT.com,

- Oil soars to fresh high above $146.

- ScS rescued by US private equity group.

- The FTSE as a bear market.

- And TNS spurns fresh WPP approach.

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