Savings rate surges to 5.7% ( AP , Bloomberg )

  • Long expected GM bankruptcy a fact ( Bloomberg )
  • While markets rally on strong manufacturing news...everyone making cars now it seems ( AP )
  • The 31-year-old in charge of dismantling GM ( NYT )
  • Citigroup stuck with Bernanke offer rival banks plans to refuse ( Bloomberg )
  • KKR reports $1.2 billion loss ( Bloomberg )
  • Is Larry Summers taking kickbacks from banks he's bailing out? ( AlterNet )