Updates: GM Recalling 1.3 Million Vehicles, Dave Bing Downsizing Detroit, Unemployment Benefits Extension Blocked In Senate, Gold Counterfeiting Using Tungsten, Betting On The Blind Side (Scion Capital)

Frank speaks with Mayor Dave Bing about downsizing Detroit to save it (Audio WJR/760 Detroit)
Bing blames union for looming city worker layoffs (DetroitFreePress)
Betting on the Blind Side (Vanity Fair) about Scion Capital's Michael Burry (h/t Morgan_03)
GM recalling 1.3 million vehicles over steering problems (Reuters) h/t ZeroHedge
US senator single-handedly freezes unemployment payment (BBC)
2,000 transportation workers idled over impasse (AP)
Gold counterfeiting using tungsten? (Zero Hedge)
Japan's unemployment rate falls in January (AP)
Australia Raises Key Interest Rate to 4% on Recovery (Bloomberg)
Google acquires Picnik: Perfect fit for Chrome OS (ZDNet) (photo editor)
Google buys Photo-editing Site Picnik (TechTree)
Gross Says Sovereign Debt to Resemble Corporate Returns (Bloomberg Video)
Finnish Recovery at Risk as Strikes Threaten Exports, Traffic (Bloomberg)
ABC Threatens to Go Dark in New York in Spat With Cablevision on Sunday (TheWrap via SkyGrid)
Swiss PMI hits two-year high, price pressures emerge (Reuters)