FT bursts our bubble

Monkey is happy to put the record straight on a couple of factual points from our Monday piece, Financial Times blows a bubble: FT Wealth is part of the paper's Special Reports family of publications, not a spin-off from Spend It magazine. Oh, and it's How to Spend It. We are also indebted to Ravi Mattu, FT Wealth's editor, for conclusively answering the question we posed in the same diary item: does the FT have a sense of humour? Over to you, Ravi: "John Authers, our US markets editor, is not in the habit of writing spoofs. He was making the perfectly serious point that some investors had achieved high returns by exiting bubbles before they burst."