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Lunch Wrap

On FT Alphaville this morning,

- Top Tarps: FRNBY beats Treasury.

- Your not so flexible friend.

- Frivolous hedge fund data points of the day.

- Alors Jean-Claude! Voici le crunch…

- How to save yourself – at US taxpayers’ expense.

- GS doesn’t like newspapers.

- Is it a bird? No, it’s a super-contango.

- The steepening curve.

- GLG snapshots.

- Fannie, Freddie and Starbucks on Markets Live.

On FT.com

- Vodafone unveils £1bn savings plan.

- FTSE falls as earnings worries grow.

- Britain’s trade deficit narrows.

- IHG sees sudden downturn in bookings.

- Plunge in UK retail sales and home sales.

- Taylor Wimpey, CRH add to builders’ woes.

- Sterling hits 12-year low.

- Crude falls after rally proves short-lived.

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