- Welcome president Obama: market down 20% since inauguration (Bloomberg)
- European CDS blow out: iTraxx at 1,170 bps all time wide (FTAlphaville)
- Bankrupt copper miner Asarco looks set to be acquired by Vedanta (WSJ)
- Merrill discloses its own Jerome Kerviel (Bloomberg)
- CBS's $1.4 billion 2010 debt maturity trap (LATimes)
- No way, Kohn-ay... Fed admits it contributed to moral hazard (WSJ)
- Traitor strawberry farmer/california senator facing public anger (Recall)
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