Frontrunning: May 21

• Continuing jobless claims hit new record high at 6.7 million (AP)
• U.K. may lose AAA rating as debt/GDP passes 100% (Bloomberg)
• Chrysler says dealers face elimination if sale isn't approved (WSJ)
• Dark pool market-share battle intensifies (WSJ)
• Necessity or luxury? Please redefine (WaPo)
• Thought provoking Bloomberg headline: LIBOR drops by most in more than two months as recession eases (Bloomberg)
• And compare to this one: Stock futures drop on recovery and UK jitters (Reuters)
• Can we end the recession simply by trading higher? (Newsweek)
• McClatchy plans debt exchange at deep discount (WSJ)
• Why not negative interest rates? (The American)
• Can Ken Lewis keep his job? (BusinessWeek)
• David Rosenberg interview on BTV (Bloomberg, hat tip Root)