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Lunch Wrap

On FT Alphaville this morning,

- Libor rates soar: banking crisis intensifies.

- Vix victorious.

- Dexia: “Short term has no future.”

- Wishful thinking at Deutsche?

- Sarah Palin’s Tarp, err, explanation?

- “They are staging a financial coup this morning in our country.”

- Buffett and Pandit in a Tarp-less world.

- Gold bugs run amok in Kyoto.

- Snowballs, liquidity and financial armageddon in Further Reading.

- Fighting the financial fight in Markets Live.

On FT.com,

- FTSE edges higher in volatile trade.

- Dexia receives €6.4bn capital injection.

- Ireland guarantees deposits at six banks.

- Eurozone inflation falls for second month.

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