Creditors due

California senate in budget stalemate; governor to terminate 10,000 employees. (LA Times)

Holder-led Justice defends withholding of Bush administration secrets related to wiretapping, telecom lobbying, traveler screening, FBI data warehouse. (AP)

GM readies bankruptcy plans; Lazard banker turned union official appointed Treasury‘s auto adviser. (WSJ)

Trump Entertainment goes belly up; Donald blames bondholders. (FT)

Propeller-head” in spotlight, again; huddles with Donovan to fix housing. (NYT)

Cheney pressed for pardon of Libby, was outraged when Bush refused. (NY Daily News)