Thursday, December 18, 2008

FT's daily Most Read

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 All times are London time: Friday Dec 19 2008


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Chinese flag up anti-pirate fleet
Dec 17 2008 20:01
Ministry of defence could move to fight pirates based in Somalia, in what would be the country's first significant long-range naval combat mission since the 15th century Read more »

Dollar falls sharply in wake of Fed move
Dec 17 2008 21:58
The dollar plunged and government bond yields in the US and Europe fell to multi-decade lows as investors tried to digest the implications of the Federal Reserve's new near-zero interest rate policy. Read more »

Pound creeps closer to parity with euro
Dec 17 2008 22:45
Sterling falls to record low against euro after minutes of Bank of England's December meeting excite speculation that it will cut rates aggressively in January Read more »

Biggest Madoff loser eyes legal move on PwC
Dec 17 2008 23:40
The fund believed to be the biggest single loser in Bernard Madoff's alleged $50bn "Ponzi" scheme is considering suing PwC, its own accountants, for failing to detect the fraud, as victims start looking for deep-pocketed sources of compensation for their losses Read more »

Where is Madoff's $50bn loss?
Dec 18 2008 12:10
As Bernard Madoff's "Ponzi scheme" unravels, the victim list grows. This interactive feature looks at how much of his alleged $50bn loss has so far been accounted for Read more »

Court imposes curfew on Madoff
Dec 18 2008 01:45
Bernard Madoff, the New York broker accused of perpetrating an alleged $50bn fraud, was placed under home detention with electronic monitoring by a US judge Read more »

Record oil cut fails to lift prices
Dec 17 2008 17:48
The depth of the world's economic downturn was highlighted when the Opec oil cartel appeared powerless in its quest to drive up prices even after agreeing a record cut in its production Read more »

Satyam in crisis after aborted takeover
Dec 17 2008 20:17
One of India's most successful information technology companies faces a credibility crisis over an aborted attempt by the group to buy companies controlled by the chairman's family Read more »

Deutsche Bank decides not to repay €1bn bond
Dec 17 2008 19:30
Fears that other banks may follow example over 'hybrid-capital' instruments Read more »



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