This week on FT Alphaville,
- We questioned the many assumptions behind a leveraged EFSF.
- And scoffed at the mad EIB idea.
- Operation Twist was said to be “anti-stimulus”.
- A “trader” dreamt of defaulting Greeks.
- US growth wasn’t quite what we thought it was.
- We looked at what CDS can and cannot tell you. And at China CDS.
- Morgan Stanley became the new BofA.
- Bis took a good look at HFT.
- Failure didn’t scare us — incompetence did.
- Banks were subjected to a proper stress test.
- And we closed a very popular caption contest.