Early Feb 4 Headlines

• Alleged Saks acquisition candidate Baugur files for bankruptcy (Bloomberg)
• Toxic asset guarantees have won over bad bank: Senate to take easy yet ineffective way out as usual (Bloomberg)
• Financial triage means taxpayers about to double down their unwilling stakes (Washington Post)
• Meredith Whitney sees DMV agents pitching M&A deals soon (Bloomberg)
• Time Warner reports $16 billion loss (FT)

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