Comment, analysis and other offerings from Monday’s FT,
Wolfgang Münchau: Eurozone banking needs a co-ordinated strategy
The most shocking news from last week’s excellent Global Financial Stability Report from the International Monetary Fund was not the headline estimate of total bad assets, but that the lion’s share of these assets belong to European, not North American, banks.
Marriage, not dating, is the key to healthy regulation
The FT’s New York insurance superintendent, Eric Dinallo writes that one clear lesson of the AIG meltdown is that a financial services company should not be allowed to choose its own regulator, as AIG did.
Facts belie the diagnosis on credit derivatives
Terry Smith, chief executive of Tullett Prebon writes that the prescriptions put forward for the OTC markets show a blatant disregard for the facts, and the cultivation of self-interest by politicians and some operators.
Editorial comment: Japan’s deceptive green shoots
Japan is a cautionary tale for anyone with an eye for green shoots. At least twice in its “lost decade”, fleeting signs of recovery yielded to the reality that the economy had not yet overcome a crisis.
Lex on systemic stresses
Why, as Britain’s Queen asked last year, did no one see the banking crisis coming? According to the IMF, spotting potential bank failures is an almost impossible task.
FT Video: An interview with Eli Lederman.
Eli Lederman, chief executive of Turquoise discusses the outlook for alternative share platforms.
Interactive graphic: Obama’s first 100 days in office.
The FT looks at the key policy decisions, appointments and early political crisis as they unfolded. Click on the calendar to see the events in detail.