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Frontrunning: March 4
- GE CDS trades at 19 points
- ADP unemployment increases by 697k, 70k more than expected "priced in" (Bloomberg)
- MGM says it may breach covenants soon (Bloomberg)
- Up to 10.5 million mortgages underwater (Bloomberg)
- U.S. Bancorp most recent bank slashing dividend (Bloomberg)
- Merrill's $10 million men: leaked bonus data (WSJ)
- Short-sale rule effectiveness undermined by SEC's own data (Bloomberg)
- Home prices by city (NYT)
- Sheldon Adelson begs Americans to go to Vegas before he goes bankrupt (Reuters)
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