Wednesday, May 27, 2009

Overalottment: May 27

  • Tom Lauria seeks GM bondholders for new fight (Bloomberg)
  • Chrysler asks bankruptcy judge to approve Fiat sale [and seal the farce] (Bloomberg and Reuters)
  • Japan's PPT - Epic Fail: Japan to scrap $520 billion plan to prop up stock market [at least they are open about it] (Bloomberg)
  • What's cheaper than a fire-sale? A government give away (Reuters)
  • US to create single bank regulator (Marketwatch and AP)
  • Korean Won falls for fourth day on military threats (Bloomberg)
  • Germany says Opel talks stalled on GM's new cash demands (Bloomberg)
  • Humor: GM gives out early paychecks to calm fears (Fox Business)
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