Overallotment: May 4

• There are 2040 hits for "optimism" on Bloomberg default search, 369 for "pessimism"
• 10 banks to fail stress test (WSJ)
• Obstacles emerge for Fiat purchase of Chrysler (FT)
• Roubini: We can't subsidize the banks forever (WSJ)
• BofA says no plan to raise capital, Citi mum (Reuters)
• 401(k)'s hit by withdrawal freezes (WSJ)
• TPG highlights buy-out woes (FT)
• More "leaks"- AIG to exclude more U.S. bailout cash (Bloomberg)
• Porsche and VOW to clash over rescue plan (FT) [hint: Porsche CDS]