Overallotment: March 31

• Several hours after claiming opposite, Obama concludes bankruptcy best option for GM, Chrysler (Bloomberg)
• ... or maybe not (Reuters)
• Citigroup (!) advises to buy bank puts as rally fades (Bloomberg)
• TARP cop launches probes into bail-out fraud (FT)
• Analyst at Harvard Management Company was fired by Larry Summers (the same one) after voicing concerns about risky trades (Harvard Crimson)
• London braces for G-20 onslaught (FT)
• As rifts at G-20 meeting deepen (FT)
• Another Obama nominee forced to pay back taxes (Breitbart)
• Nomura pays Lehman recruits more than double what it pays its own (Bloomberg)
• Plan to aid small firms is flawed, lenders say (Washington Post)

With gratitude to Joe for his generous donation