http://www.ft.com AngryBear Copyright 2012 Financial Times en-us Sat, 19 May 2012 12:53:44 GMT InfoDesk http://media.ny.idsk.com/multimedia/logos/rsslogo_ft.gif http://www.ft.com http://www.ft.com/cms/s/38aa02ac-a0d6-11e1-851f-00144feabdc0,s01=1.html Courage is being scared to death ... and saddling up anyway. John Authers Sat, 19 May 2012 02:44:41 GMT fto051820122253370251 http://www.ft.com/cms/s/61dacdc4-9b7b-11e1-8b36-00144feabdc0,s01=1.html The Marlowe Papers: A Novel in Verse, by Ros Barber, Sceptre, RRP£20, 464 pages Review by Suzi Feay Fri, 18 May 2012 23:27:23 GMT fto051820122139490216 http://www.ft.com/cms/s/c6849366-9e93-11e1-a767-00144feabdc0,s01=1.html The Hour Between Dog and Wolf: Risk Taking, Gut Feelings and the Biology of Boom and Bust, by John Coates, Fourth Estate RRP£20/Penguin Press RRP$27.95, 310 pages Review by Clive Cookson Fri, 18 May 2012 23:21:31 GMT fto051820122139230188 http://www.ft.com/cms/s/faf752aa-9f92-11e1-a255-00144feabdc0,s01=1.html What Money Can't Buy: The Moral Limits of Markets, by Michael Sandel, Allen Lane RRP£20/Farrar, Straus and Giroux RRP$27, 256 pages Martin Sandbu Fri, 18 May 2012 23:21:10 GMT fto051820122139030159 http://www.ft.com/cms/s/dde33b86-8ec4-11e1-ac13-00144feab49a,s01=1.html The sacred lotus, Nelumbo nucifera, has been a divine symbol in India and China since ancient times, representing the virtues of sexual purity and divine beauty. In works of art, many deities of Asian religions are depicted standing on a lotus flower. Clare Foster Fri, 18 May 2012 23:15:02 GMT fto051820122138450145 http://www.ft.com/cms/s/aee5845e-9eed-11e1-a767-00144feabdc0,s01=1.html Roger McGough, 74, one of England's most popular poets and president of the Poetry Society, has published more than 50 collections. He was appointed CBE in 2004. Hester Lacey Fri, 18 May 2012 23:14:24 GMT fto051820122138450146 http://www.ft.com/cms/s/e0ba3958-9a87-11e1-9c98-00144feabdc0,s01=1.html Sir David Tang, entrepreneur and founder of ICorrect, offers advice on questions about property, interiors - and modern manners for globetrotters David Tang Fri, 18 May 2012 23:15:56 GMT fto051820122138430141 http://www.ft.com/cms/s/f666741c-a0e3-11e1-9fbd-00144feabdc0,s01=1.html Deafness has become "the new whiplash" for insurance groups, who are complaining of a sharp rise in claims from employees seeking compensation for hearing problems arising from noisy workplaces. Alistair Gray, Insurance Correspondent Fri, 18 May 2012 22:43:20 GMT fto051820122138380124 http://www.ft.com/cms/s/9d691a20-a0f9-11e1-9fbd-00144feabdc0,s01=1.html A second Greek election called, accelerating deposit withdrawals from Greek banks and a hardline stance from the rest of the eurozone. The past week has raised the probability of Greece's exit from the euro from remote through possible towards likely. Britain has already been affected by the eurozone crisis. But what would happen were Greece to leave the single currency? Fri, 18 May 2012 22:01:34 GMT fto051820121808350119 http://www.ft.com/cms/s/3a0ac5fc-a0f2-11e1-9fbd-00144feabdc0,s01=1.html Mark Zuckerberg rang Nasdaq's opening bell remotely from the headquarters of Facebook on Friday yesterday but enthusiasm for the much-anticipated initial public offering failed to stem the worst week for the S&P 500 this year. Arash Massoudi in New York Fri, 18 May 2012 21:21:43 GMT fto051820121723490112 http://www.ft.com/cms/s/15532734-9d6b-11e1-aa39-00144feabdc0,s01=1.html Friday 21.15 BST. Global equities and other growth-related assets struggled to consolidate as chronic eurozone worries were joined by disappointing US economic data, denting risk appetite. Vivianne Rodrigues in New York Fri, 18 May 2012 21:19:50 GMT fto051820121723480111 http://www.ft.com/cms/s/2cd2a2da-a0b4-11e1-9fbd-00144feabdc0,s01=1.html ITV joined another market-wide decline as the FTSE 100 dropped for a fifth day. Bryce Elder Fri, 18 May 2012 19:54:28 GMT fto051820121609050022 http://www.ft.com/cms/s/fbcce840-a0fd-11e1-aac1-00144feabdc0,s01=1.html The quotations of about 150 of the UK's fledging companies have been saved after ICAP agreed to buy the stock exchange business from Plus Markets Group on a cash-free, debt-free basis. Philip Stafford, Simon Mundy Fri, 18 May 2012 19:38:30 GMT fto051820121553470019 http://www.ft.com/cms/s/ac9ec87a-a106-11e1-aac1-00144feabdc0,s01=1.html An Italian court has upheld a €900,000 fine imposed on Apple by the country's competition authority for having misled consumers into paying for extended warranty plans for products that were already covered. Eric Sylvers in Milan Fri, 18 May 2012 19:36:41 GMT fto051820121553470018 http://www.ft.com/cms/s/6886070c-a0de-11e1-851f-00144feabdc0,s01=1.html Once investors bought government bonds for a risk-free return. Today, they're buying return-free risk. Yet every central bank that can print its own currency is borrowing at rates that would have been considered a joke only a few years ago. Why? The answer is in the ugly phrase "financial repression". Neil Collins Fri, 18 May 2012 19:14:49 GMT fto051820121523460008 http://www.ft.com/cms/s/7dd8c02e-9f60-11e1-a455-00144feabdc0,s01=1.html When somebody asked California's governor Jerry Brown at a conference in Silicon Valley a couple of weeks ago what he would do to promote innovation, Mr Brown reminded his questioner that "innovation" in government is seldom prized. "Government is a collection of catchphrases, banalities and conventional wisdom," Mr Brown said, "and, to the extent you depart from that, you are stigmatised and reviled." Mr Brown should know. He has been innovating fast and he has been reviled. He may nonetheless be the only politician with the forthrightness to stand between California and a Greek-style debt spiral. Christopher Caldwell Fri, 18 May 2012 18:39:13 GMT fto051820121453329993 http://www.ft.com/cms/s/15532734-9d6b-11e1-aa39-00144feabdc0,s01=1.html Friday 04.00 BST. Asian shares dropped, with Japan's stock index falling to a four-month low, as investors dumped risky assets amid growing worries about Europe compounded by disappointing US economic data. Song Jung-a in Seoul Fri, 18 May 2012 03:42:42 GMT fto051720122357379855 http://www.ft.com/cms/s/96ce18be-9f7d-11e1-8b84-00144feabdc0,s01=1.html From Mr Brian Bollen. Fri, 18 May 2012 03:00:07 GMT fto051720122312379846 http://www.ft.com/cms/s/01b51036-9f62-11e1-a455-00144feabdc0,s01=1.html From Mr Raja Iyer. Fri, 18 May 2012 02:59:37 GMT fto051720122312419848 http://www.ft.com/cms/s/59e7a6f0-9f40-11e1-a455-00144feabdc0,s01=1.html Governments can finance expenditure in only three ways: taxation, debt (future taxes), or printing money. In this sense, monetary and fiscal policy are intertwined. Yet there are good reasons for separating the functions and responsibilities of central banks and fiscal authorities. Charles Plosser Thu, 17 May 2012 18:42:29 GMT fto051720122142529839