Monsters Inc. by James Surowiecki at the The New Yorker – How the banks got so big and why they need to be smaller…

GM Bankruptcy Probable as Obama Favors UAW Against Bondholders by Jeff Green and Caroline Salas at Bloomberg – lowering the importance of the rule of law to favor the unions

New York Fed Chairman’s ties to Goldman raises questions by  Kate Kelly and Jon Hilsenrath at WSJ – New York Fed Chair appears to be just like the old one, Tim Geithner… owned by GS.

Wall St confidence grows over stress tests by Kiran Stacey at FT – We’ve been saying the government is managing the release of stress tests results to produce an anticlimax…