• Tim Geithner has unveiled his latest plan to deal with the financial crisis. This one involves a partnership between the government and private investors, and could eventually involve buying up to $1 trillion in toxic assets from banks, although it isn't generating unanimous support. "It fills me with a sense of despair," says the Times's Paul Krugman. [WSJ, NYT, BN, NYT]
• New documents over the weekend indicate AIG paid out $218 million in bonuses, more than the previously disclosed $165 million. [Reuters]
• Here's another way to look at the AIG mess: If those bonuses hadn't been paid, the U.S. government may have had $1.7 trillion to worry about. [NYP]
• That trip to AIG on Saturday? Lots of reporters, many fewer protesters. [AP]
• Obama reiterated his support for Geithner on 60 Minutes. [Dealbreaker]

• No bonus for you: Morgan Stanley chief John Mack took home $1.2 million in 2008 in cash and stock. [AP]
• ING is asking employees to return last year's bonuses; and yesterday, Societe Generale, France's third-largest bank, asked execs to return their stock options in response to public "indignation." [BN]
• Mitsubishi UFJ, Japan's biggest bank, is cutting 1,000 jobs. [WSJ]
• Abu Dhabi is buying 9.1% of Daimler, the owner of Mercedes-Benz. [WSJ]
• Is hedge funder billionaire Steve Cohen looking to buy out Sotheby's? [NYP]
• If you'd only been listening! Clearly, Erin Burnett issued a warning about Citigroup back in 2007. [BF]