Frontrunning: May 1

• Must read: Here come the little AIGs. Syncora (SCA) told by regulators to stop paying claims; next up - MBIA? (FT)
• Must read: World Bank bonds shows what happens when governments rush rescue (Bloomberg)
• Must read: Jonathan Weil - It's BofA shareholders versus everyone else (Bloomberg)
• Chrysler needs 3 miracles to rival Iacocca rescue (Bloomberg)
• Europe to see a summer of economic rage (WSJ)
• Wall Street's civil war - Banks vs Hedge funds (The New Republic)
• P&G, Colgate hit by consumer thrift [TD:yet everyone is buying metric tons of Green Mountain Coffee] (WSJ)
• The mortgage cram-down smackdown (Slate)
• A Chrysler bankruptcy won't be quick (WSJ, hat tip Jose)
  
• Andrew Cuomo's swat team (BusinessWeek)
• David Souter retiring, Obama will be happy to fill the spot (Bloomberg)
• Not too much to show for first 100 days (IBD)
• Morning humor: Abby Joseph Cohen sees S&P at 1,050 on... valuation (Bloomberg)

We are grateful for the generous donations of M.M. and Michael Sphere: Related Content

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