Write-Offs: 05.20.09

$$$Fuld Resigns As Lehman's Chairman [NYT]
$$$ "The U.S. is set to invest more than $7 billion into GMAC, part of a package that could total $14 billion and make the government majority owner." [WSJ]
$$$Fed faith grows from April's wary optimism [FT]
$$$ I-banks, law firms hiring for structured finance [The Deal]