For all your presidential hopefuls, this is how you move out of the White House. All class all the way. (meanwhile Oath of Office countdown ticker: 18:33)

"Bankrupt but not really" carmaker, General Motors, which has already likely burned thru the $13.4 billion in taxpayer money it received a couple of weeks ago, is poised to keep the fire going a whole lot longer.

Just out: The New York Times Company Enters into Agreement with Banco Inbursa and Inmobiliaria Carso for $250 Million in Senior Unsecured Notes.

We are happy to inform you that Chrysler Financial (aka Stephen Schwarzman of Apt. 15/16B at 740 Park) is now the proud recipient of your money.

Probably not that surprising after posting the "biggest ever loss reported by a U.K. company" of $41 billion. Biggest shareholder, the United Kingdom Government with 22.8 billion shares, can not be happy with an $8 billion + loss in 6 hours of trading. Paulson, with 142 million shares short, is very happy.

Bloomberg's chart of the day (below), and the accompanying article is somewhat troubling. For what seems like the first time in mainstream media, someone acknowledges the truth: "The U.K. Government may lose its top AAA credit rating after taking a 70% stake in Royal Bank of Scotland, credit-default swaps show."

The WSJ reports ($$$ link) that Mexican billionaire (or is that millionaire now, we need to double check) Carlos Slim Helu may bail out the New York Times.