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	<title>FT Alphaville</title>
	<link>http://ftalphaville.ft.com/blog</link>
	<ft:rsslink>http://ftalphaville.ft.com/blog/feed/</ft:rsslink>
	<description>FT Alphaville from FT.com</description>
	<copyright>Copyright The Financial Times Ltd 2006. "Alphaville", "FT" and "Financial Times" are trademarks of the Financial Times.</copyright>
	<webMaster>help@ft.com</webMaster>
	<pubDate>Fri, 06 Nov 2009 23:00:20 +0000</pubDate>
	<lastBuildDate>Fri, 06 Nov 2009 23:00:20 +0000</lastBuildDate>
	<ttl>15</ttl>
	<category>Newspapers</category>
	<image><url>http://news.ft.com/cms/d1f3ce1a-6bbe-11da-bb53-0000779e2340.gif</url><title>FT.com - Alphaville</title><link>http://www.ft.com/home/uk</link></image>
	<language>en</language>
				<item>
		<title>Yar! Interdealer piracy</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/06/82056/yar-interdealer-piracy/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/06/82056/yar-interdealer-piracy/</guid>
		<description><![CDATA[Buccaneers hassling your fleet around the seven seas? Time to hire some muscle.

Interdealer broker ICAP are said to be amassing ducats introducing worried ship owners to pirate slaying mercenaries.

And for a small fee you too can be "briefed in anti-piracy preparation and drills", and assisted in "hardening"...]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/06/82056/yar-interdealer-piracy/#comments</comments>
		<pubDate>Fri, 06 Nov 2009 15:22:39 +0000</pubDate>
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			<item>
		<title>The new transparent RBS (updated)</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/06/81956/the-new-transparent-rbs-ahem/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/06/81956/the-new-transparent-rbs-ahem/</guid>
		<description><![CDATA[Here's a curiosity.

In RBS's interim statement, released on Friday, Stephen Hester, CEO of the bank shortly to be 84 per cent owned by the British taxpayer, makes a commitment to transparency. As he states in his third-quarter commentary (our emphasis):

Today our results show strong and even growing customer franchises and the majority of our businesses operating without surprises in the face of enormous pressures and change....]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/06/81956/the-new-transparent-rbs-ahem/#comments</comments>
		<pubDate>Fri, 06 Nov 2009 10:33:51 +0000</pubDate>
			</item>
			<item>
		<title>Further reading</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/06/81931/further-reading-394/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/06/81931/further-reading-394/</guid>
		<description><![CDATA[Elsewhere on Friday,

- The dollar as a funding currency.

- Thermodynamics and US executive pay.

- A dollar shortage in China?

- What's up with the UUP Dollar ETF?

- Lessons for the foreign exchange market from the global financial crisis.

- IASB at odds with FASB on 'extend and pretend'....]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/06/81931/further-reading-394/#comments</comments>
		<pubDate>Fri, 06 Nov 2009 08:14:23 +0000</pubDate>
			</item>
			<item>
		<title>Goldman, the interest-rate hedging king</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/05/81761/goldman-the-interest-rate-hedging-king/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/05/81761/goldman-the-interest-rate-hedging-king/</guid>
		<description><![CDATA[We flagged up a few months ago the curious case of Goldman Sachs' liabilities: the fact that the bank was generating an interest-income not only on its assets, but in some cases on its liabilities too . Liabilities, of course, traditionally incur a negative yield and bear an interest cost.

On Thursday,...]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/05/81761/goldman-the-interest-rate-hedging-king/#comments</comments>
		<pubDate>Thu, 05 Nov 2009 20:00:42 +0000</pubDate>
			</item>
			<item>
		<title>Further reading</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/05/81656/further-reading-393/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/05/81656/further-reading-393/</guid>
		<description><![CDATA[Elsewhere on Thursday,

- Analysing the Fed statement word for word.

- A video with  "one of the most influential and yet least well-known people on Wall Street."

- In praise of ETFs.

- More caution on leveraged ETFs.

- Has Buffett overplayed his hand?

- Goldman one-ups Gordon Gekko....]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/05/81656/further-reading-393/#comments</comments>
		<pubDate>Thu, 05 Nov 2009 08:09:52 +0000</pubDate>
			</item>
			<item>
		<title>Goldman&#8217;s Q3 trading, a breakdown by product</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/04/81446/goldmans-q3-trading-a-breakdown-by-product/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/04/81446/goldmans-q3-trading-a-breakdown-by-product/</guid>
		<description><![CDATA[The bank that never knowingly made a loss on more than one day during the third quarter has -- via its 10-q filing -- provided further detail on the nature and success of its trading activities in the three months to September 2009.

First, a reminder of how Goldman Sachs' trading and principal investments division performed during the period,...]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/04/81446/goldmans-q3-trading-a-breakdown-by-product/#comments</comments>
		<pubDate>Wed, 04 Nov 2009 21:45:03 +0000</pubDate>
			</item>
			<item>
		<title>Varley&#8217;s inferno</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/04/81361/varleys-inferno/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/04/81361/varleys-inferno/</guid>
		<description><![CDATA[The quest for spiritual salvation seems very much on the mind of global banking executives of late.

Bloomberg reports Barclays CEO John Varley is the latest to try and convince god-fearing folk the world over that his industry's moral code and primary raison d'etre are all good in the eyes of the Lord.  Namely,...]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/04/81361/varleys-inferno/#comments</comments>
		<pubDate>Wed, 04 Nov 2009 10:56:12 +0000</pubDate>
			</item>
			<item>
		<title>Further reading</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/04/81341/further-reading-392/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/04/81341/further-reading-392/</guid>
		<description><![CDATA[Elsewhere on Wednesday,

- If the economy's stagnant, why are stocks up?

- The edge: a golden opportunity remains.

- On the clash of economic theories (and commentators).

- John Paulson once had self-doubts.

- A curious meeting at the US Treasury.

- The women who made it on Wall Street:  Lessons from Krawcheck....]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/04/81341/further-reading-392/#comments</comments>
		<pubDate>Wed, 04 Nov 2009 08:11:01 +0000</pubDate>
			</item>
			<item>
		<title>Snap news</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/04/81331/snap-news-380/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/04/81331/snap-news-380/</guid>
		<description><![CDATA[Breaking pre-market news on Wednesday,

- Societe Generale Q3 net doubles on investment bank - statement.

- Bank of Ireland H1 income falls 73 per cent to €162m - statement.

- BNP Paribas still looking at Societe Generale La Tribune newspaper says; BNP denies - Reuters.

- Northern Rock mortgage arrears rise in Q3 - statement....]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/04/81331/snap-news-380/#comments</comments>
		<pubDate>Wed, 04 Nov 2009 07:43:45 +0000</pubDate>
			</item>
			<item>
		<title>Gold hits record on India purchase</title>
		<link>http://ftalphaville.ft.com/blog/2009/11/04/81306/gold-hits-record-on-india-purchase/?source=rss</link>
		<guid>http://ftalphaville.ft.com/blog/2009/11/04/81306/gold-hits-record-on-india-purchase/</guid>
		<description><![CDATA[Gold prices on Tuesday surged to an all-time high after India’s central bank bought 200 tonnes of the metal from the IMF, swapping dollars for bullion as the country’s finance minister warned that the European and US economies had “collapsed”. India’s move to exchange $6.7bn for gold equivalent to 8% of world annual mine production sent the strongest signal yet that Asian countries are moving away from the US currency....]]></description>
		<comments>http://ftalphaville.ft.com/blog/2009/11/04/81306/gold-hits-record-on-india-purchase/#comments</comments>
		<pubDate>Wed, 04 Nov 2009 04:55:41 +0000</pubDate>
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