Wednesday, April 29, 2009

Overallotment: April 29

  • GM bondholders present bold counteroffer: kick government out and end up with control of the company (WSJ)
  • WHO warns swine flu pandemic imminent as virus thrives in North America (Bloomberg)
  • FBI looking into losses at Freddie Mac (WSJ)
  • Taiwan stocks rally the most since 1991 on historic China investment (Bloomberg)
  • The man who nationalized the financial and automotive industry aims for "fast private sector exit" (WSJ)
  • Rising bond yields present fresh Fed challenge (FT)
  • Shorter sentences sought for crack (WSJ) [and smoking green shoots]
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