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Frontrunning: June 1

Tyler Durden's picture




  • 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)

Big thanks to Mark, Robert, Graphicsquote, and StockMarketSage for their generous donations.




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