Overallotment: May 4

* There are 2040 hits for "optimism" on Bloomberg default search, 369 for "pessimism"
* 10 banks to fail stress test (WSJ)
* Obstacles emerge for Fiat purchase of Chrysler (FT)
* Roubini: We can't subsidize the banks forever (WSJ)
* BofA says no plan to raise capital, Citi mum (Reuters)
* 401(k)'s hit by withdrawal freezes (WSJ)
* TPG highlights buy-out woes (FT)
* More "leaks"- AIG to exclude more U.S. bailout cash (Bloomberg)
* Porsche and VOW to clash over rescue plan (FT) [hint: Porsche CDS]