Frontrunning: May 7
- Fed's bank results reassuring [and a joke at the same time], show no insolvency ( Bloomberg )
- GM posts $6 billion loss as bankruptcy looms ( FT )
- SPG boosts size of follow on offering to $1 billion ( Bloomberg ) [only about $30 billion more to be raised by MeREIT Lynch before the rally is over]
- Trichet says ECB will buy bonds, says rates appropriate ( Bloomberg )
- Billions required to bolster US banks ( FT ) [how about non-US banks?]
- The promise of shifting alliances ( Finem Respice )
- Jonathan Weil: Lehman bosses walk, while small fry walk plan ( Bloomberg )
- Blackstone, Fortress seek distressed debt hedge fund takeovers ( Bloomberg )
- The ongoing structured finance mess at Barclays ( FT )
- Roubini says Asia export-led growth model is now broken ( Bloomberg )
- Cashing in on Government Sachs ( The Nation )
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