Frontrunning: April 8

• You take 0, add 0 and what you got? – higher futures. Pulte buys Centex for $1.3 billion in stock (Bloomberg)
• Nassim Taleb: 10 way to “black swan-proof” the world (FT)
• The PPIP will bankrupt FDIC (Zacks)
• DE Shaw interview questions that Larry Summers sailed through (Slate)
• TARP oversight panel advises liquidating banks and firing (and prosecuting) failed bank executives (Bloomberg)
• The power play at Bank Of Countrywide Lynch (WSJ)
• The party for rich Russians is over (Bloomberg)
• V or L: the shape of the recovery (WSJ)
• The need for ex-wives’ derivative contracts (Bloomberg)
• 2008 CEO Compensation vs total return (Baseline Scenario)
• Booze consumption tumbles: Pernod to sell $1.3 billion new shares, cuts forecast (Bloomberg)

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