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Frontrunning: April 23

Submitted by Tyler Durden on 04/23/2009 12:38 -0400

Initial and continuing Jobless claims both worse than estimates at 640k and 6,137k. Is there a third or fourth derivative we can look at to justify the squeeze?
Lewis testifies Bernanke and Paulson pressured bank not to discuss plan to buy Merrill (WSJ)
Roubini: We are still a long way from the bottom (Forbes)
Turns out Fiat has problems of its own, reports huge loss, rules out Chrysler investment (FT)
Porsche to sell car assets to Volkswagen, Piech family to tighten grip over VOW (Bloomberg)
Why I fired my stockbroker (The Atlantic)
Mutual fund Janus Capital's profit falls 93% (Fox)
The reeducation of Tim Geithner (Portfolio)
What would Thomas Jefferson do? (Vanity Fair)