Overalottment: April 16

• Must Read: Steve Rattner investigated by SEC for NY pension fund kickbacks (WSJ)
• Mortgage cram-down stalls in senate, may be revised (Bloomberg)
• CDS blamed for role in bankruptcy filings (FT)
• An analysis of jobless claims in the week after Easter (Swamp Report)
• GM seeks provision for its suppliers (FT)
• Ackman sees zero chance of General Global fire sale (Bloomberg) [bookmark this link]

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