• GM sends termination notices to 1,100 dealers ( Bloomberg , AP )

  • US regulators clash over holding bank management to account ( Bloomberg )

  • Obama's barbed words worry corporate world ( Yahoo )

  • Europe economy contracts the most since 1995, at 2.5% ( Bloomberg )

  • Reaction mixed to derivative reform ( WSJ , hat tip JT)

  • Derivative danger in Wall Street's shadow ( NYT )

  • El-Erian: The new normal ( PIMCO )

  • The retrospective massaging of economic data by the Government ( Financial Armageddon )

  • Baum: Xanax nation beats a panicked nation any day ( Bloomberg )

  • Five reasons why the rally could fizzle ( Marketwatch )

  • The upcoming 81% tax increase ( Forbes )

  • What does Main Street think of Wall Street ( FT )

  • Birth pains: a news global system is coming into existence ( Economist )