Breakfast Briefing Econ: Fed Now Backstopping $25T; CRE Woes; 10 Things Millionaires Won't Tell You; Freddie Mac to Buy Out Loans...

• Enter Cede & Co II; The Fed Is Now Backstopping $25 Trillion In DTCC Cleared Credit Default Swaps - zerohedge
• Government Watchdog: Commercial Real Estate Woes Threaten Economic Economic Recovery - foxbusiness
• How The FDIC Is Legally Transferring Billions In Taxpayer Money To Hedge Funds - zerohedge
• 10 Things Millionaires Won't Tell You - smartmoney
• Commercial loans threaten small banks, watchdog group says - Feb. 11, 2010 - money.cnn

• State of the Economy Part II - zerohedge
• Freddie Mac to Buy Out Seriously Delinquent Loans - calculatedriskblog
• RealtyTrac: Foreclosures Decline in January, Surge Expected over Next Few Months - calculatedriskblog
• New Index based on Diesel Fuel Consumption data Declines in January - calculatedriskblog
• U.S. Foreclosure Filings Surpass 300,000 for 11th Month in Row - businessweek

• 10 year note auction not good - ritholtz
• What Is In A Name: Is A Clearinghouse Just A Clearinghouse - zerohedge
• The Atlantic: A new jobless era is transforming America - creditwritedowns
• CHART OF THE DAY: In Case You Had Any Doubts About Where Microsoft's Profit Comes From - businessinsider