- Lehman Brothers' Dick Fuld was near a deal to raise $5 billion from South Korean investors, but negotiations broke down earlier this month. [NYP]
- Steve Feinberg's Cerberus has outlined how it plans to revive Chrysler. [NYT]
- Fannie Mae and Freddie Mac may need to raise as much as $100 billion in order to cover losses. [NYP]
- Barclays Capital might be interested in buying a wealth management company in the U.S.. [Dealbook]
- Kirk Kerkorian might be interested in reacquiring MGM for as much as $3 billion. [THR]
- Rupert Murdoch made $27.5 million last year; Roger Ailes collected $20 million during the same period. [Bloomberg, SAI]
- The Daily News is laying off staff. [NYP]
- Wall Street analysts are concerned about both Limited and the Gap. [WSJ]
- Clear, Steve Brill's airport screening company, has raised $44.4 million in financing from a consortium of investors. [VentureBeat]
- Louis Gerstner, the former chief of IBM, is stepping down as the chairman of the Carlyle Group at the end of September. [NYT]
