- Former LTCM trader Matt Zames generates most of $5 billion JPM profit via derivative trading (Bloomberg)
- As Hank Greenberg sues AIG, questions emerge if he created the financial singularity (Reuters)
- Daimler has uphill battle as it faces $9 billion of debt maturities in 2009 (Bloomberg)
- Ken Lewis admits Merrill aid was mistake (FT)
- Former billionaire Deripaska's local Barnes and Noble equivalent files for bankruptcy (Bloomberg)
- Buffett historical portfolio gains lost (Clusterstock)
- Management of retirement home operator Sunwest charged by SEC with Ponzi scheme (DealBook)
- Berkshire Hathaway cutting jobs and closing facilities (Bloomberg)
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