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AV after dark

On FT Alphaville late Tuesday,

- Ambac warns of bankruptcy risk.

- Former Bear Stearns fund managers not guilty of fraud charges, jury finds.

-  Fairground financial punditry?

- (Scary) chart du jour: US retail sale performance in selected recessions.

- Paulson takes another bite of Cadbury.

- Steelie Neelie squares up to Silvio.

Over in the Long Room,

-  On Russian politics & reform.

- Mr V and Mr O review Hix, Brewer Street, Soho.

- What might you learn in Afren’s annual report?

- Musings on Mishkin.

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