NYT: The Economy is still at the brink - Two voices ask if the emperor is as naked as he appears to be

FT: GM shows gravity of pension challenge – the new GM could be bankrupt again in a very few years

TPC: The state of the consumer – While the U.S. government was dumping trilllions of dollars into bank coffers consumers were neglected

SA: Bond market to Obama: Oh no you can’t… -This avalanche of supply, competing with a surge in equity issuance and other private sector capital demand, is clearly one key issue driving higher yields

Bloomberg: Citigroup May Gain Geithner Swap Backing as Pandit Bucks Bair - Sheila Bair is being put in her placeand the real power remains with the big banks