Wednesday, May 20, 2009

Overallotment: May 20

  • Locked out Chrysler pension fund lenders bypass Bankruptcy court, go straight to District court. Next stop: Supreme Court (Bloomberg)
  • Former head of massively underfunded PBGC takes the 5th (AP)
  • Grandpa Greenspan forgot he was shooting up green a few days ago (Bloomberg)
  • Fed officials raised prospect of more bond purchases (Bloomberg)
  • US investors get to nominate boards (FT)
  • Lehman brothers questions over securities sale (Reuters)
  • U.S. Cities with the most underwater mortgages (CNBC)
  • Sexual harassment cases plague the UN (WSJ)
  • Cali deficit now set to reach $21 billion (FT)
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