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Overallotment: May 7

Courtesy of Tyler Durden

Overallotment: May 7

  • Huge decision for commercial-mortgage investors tomorrow in bankruptcy court (WSJ)
  • Hong Kong chairman says rally overdone, won’t buy stocks (Bloomberg)
  • Market fear rising bond yields (FT)
  • Euro declines on speculation ECB official will signal rate cut (Bloomberg)
  • Swine flu cases widen reach with "epidemic reach" (Bloomberg)
  • AIG loss narrows, no new bailout plan (Reuters)
  • AIG blames market for loss (FT)
  • Wells Fargo, Morgan Stanley to sell stock into the rally (Bloomberg)
  • Wal Mart will stop reporting monthly sales data (FT)
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