BMW will recall cars 345.000 Due to flaws in the Braking System. The recall Also Includes 5.800 Rolls Royce Phantoms. With all the rain, the Slippery Roads are, ie, Be Careful Out There. [WSJ]
The credit default swaps market is Indicating That leveraged buyouts are making a comeback. Corporate Raiders, Sharpen your scimitars. [Bloomberg]
Microsoft CEO Steve Ballmer did not get his full bonus this past fiscal year, Because of Microsoft's Mobile Kin Did not sell well and Microsoft hasn't come up with anything as nifty as the iPad. [Reuters]
Ahead of today's Inaugural Meeting of New Regulatory super group, The Financial Stability Oversight Council, the Federal Reserve Chairman Ben Bernanke said the Council's constituent Members are working Quickly and carefully Thurs Implement New Rules. [AP]
New Yorkers are buying bigger Manhattan apartments, and Prices Are Not Falling through the floor.
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