Auto adviser invested big in Chrysler owner

Obama auto adviser Rattner was investor in Cerberus, private equity firm with large stakes in GMAC and Chrysler. (NYT)

Sotomayor‘s stance on abortion rights unclear. (NYT)

Faced with federal insider-trading investigation, Samberg shuts down hedge fund Pequot. (Bloomberg)

Obama chooses five ambassadors, including Citigroup‘s Susman and former Rep. Roemer. (AP)

Citigroup and SEC in talks to resolve mortgage valuation probe. (WSJ)