Bubble belt basketball

Bank of America v. GM in tonight’s championship? (Daily Tar Heel, The State News)

Summers made $5.2 million in last year at hedge fund DE Shaw, working one day a week; consults with inner circle of hedge fund managers to help him shape policy. (NYT)

North Korean rocket bolsters push by Gates and Blair for new spy satellites from Lockheed Martin. (WSJ)

Calyon Securities bank analyst with reputation for independence says loan losses will surpass Depression levels. (Bloomberg)

Gray Lady threatens to shutter Globe in 60 days without concessions from unions. (Boston Globe)