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Frontrunning: April 2

Submitted by Tyler Durden on 04/02/2009 12:03 -0400

Geithner’s Non-Recourse Gift That Keeps on Giving to Bill Gross (Bloomberg)
Roubini: "Another bear market rally"... (Forbes)
...As the FASB makes sure nobody knows what is going on in the markets (Reuters, live FASB webcast)
Defaults accelerate as worst is yet to come for commercial property (Bloomberg)
Greenberg: AIG debacle not my fault (WSJ)
Is the rush to exit TARP a trap (Marketwatch)
ECB desperately holding on to LIBOR (Bloomberg)
Estimating the savings rate crunch: the next storm in a cup (Felix Salmon)
Fun with charts (The Atlantic)
The discount on the FDIC's TLGP program is now officially over (WSJ)
What's next for GM and Chrysler (Flowchart)
Another DIP fund coming out, a $3 billion monster from Blackstone (Reuters)

Picture of the day - it's buy one 30 Yr TSY, get one free day: