♦ Prosecutors have subpoenaed a dozen Lehman executives, including Dick Fuld, as part of three grand jury probes into the bankruptcy of the investment bank. [NYP]
♦ Warren Buffett has faith: "Buy American. I am." [NYT]
♦ Andrew Cuomo met with AIG's new CEO yesterday, who assured the attorney general the insurance giant would account for excessive executive compensation and will also cancel upcoming conferences. [NYT, Bloomberg]

In other news from Time's Person of the Year selection of "You," a small coda related to automaker Chrysler forking over millions to be the sole POTY sponsor. As Daniel Radosh points out, several of their genius ads began with the tagline "You Might Not Be Time Person of the Year." But then again, You might, and in fact, You are! Give Yourself a hand, and buy a Chevrolet while You're at it.