- US AAA credit rating at risk, former GAO director claims (Reuters)
- GM sinks to fresh low as Chapter 11 looms (FT)
- Social Security, Medicare will be depleted much earlier than expected (Bloomberg)
- Airbus orders nosedive, profit tumbles (Daily Telegraph)
- What foreclosures? After brand spanking new megaloss, Freddie Mac net worth is below $0 (FT)
- FDIC planning for huge bank failure? (The Pragmatic Capitalist)
- U.K. unemployment jumps to 13 year high (Daily Telegraph)
- Taylor says Fed may not have much time before rate rise needed (Bloomberg)
- US foreclosure program may be insufficient (FT)
- AIG trustees should answer to taxpayers, not Fed (Bloomberg)
- IMF urges stress tests on European banks (FT)
Tuesday, May 12, 2009
Overallotment: May 12
Posted by
Tyler Durden
at
11:24 PM
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