Today's Headlines

Bloomberg:
- Lehman Brothers(LEH) set up a $3 billion fund to invest in leveraged loans that banks are selling at a discount.
- Democratic senators Hillary Rodham Clinton and Barack Obama are in a statistical tie in Iowa among the party’s likely caucus-goers, a University of Iowa poll found.
- Crude oil climbed above $93/bbl. in NY for the first time after Mexico shut a fifth of its production and the dollar declined against he euro.

Wall Street Journal:
- A divide is emerging on the presidential trail over battling terrorists: how exactly to label the fight.
- CEO Search File: Merrill.
- US public pension funds are starting to pay their managers better as they take on complicated investments such as hedge funds and leveraged-buyout funds.

NY Times:
- SAP Ex-Executive Plans Electric-Car Battery Stations.