Drastic measures

Under new GM plan, US to take majority stake in much smaller company. (FT)

100 protesters, including Representatives Edwards, Ellison, Lewis, McGovern, Woolsey arrested at Sudan demonstration. (WaPo)

Regulators tell BofA and Citi to increase capital reserves. (AP)

Deutsche Bank posts $1.6 billion profit in first quarter. (FT)

The derivatives that Buffett called “time bombs” deal major blow to his business. (Bloomberg)