Bonds
JGBs sag on profit-taking after auction, Nikkei bounce
* Midterm, long-end JGBs sag on profit-taking, Nikkei rise Full Article
Morgan Stanley takes stake in General Growth
NEW YORK, Dec 2 (Reuters) - Morgan Stanley has taken a 5.1 percent stake in U.S. mall operator General Growth Properties Inc , which is struggling to pay off $1.035 billion in debt due by the end of the year. Full Article
Former employee sues real estate mogul Kushner
NEW YORK, Dec 2 (Reuters) - A former employee of Charles Kushner has sued the real estate mogul, his son, companies and the family's New York Observer newspaper, saying he is owed up to $4.48 million for work he did in 2007 pertaining to the $1.8 billion purchase of 666 Fifth Ave in New York City. Full Article
GM Seeks $18B in Federal Aid
Dec 2 - In an effort to avoid bankruptcy General Motors asked Congress for $18b Tuesday. Play Video
