by Laura Conaway

Good morning! Here's what we're reading today:

Treasury Secretary Tim Geithner says it's time to start winding down the $700 billion TARP bailout program for banks — but not before Vanity Fair goes quite long on TARP in Good Billions After Bad.

Morgan Stanley's getting a new boss, lawyer James Gorman, in what's being called a "massive cultural shift" away from rewarding the top spots to high-earning investment bankers and traders.

The Wall Street Journal (subs. requ'd.) reports that prosecutors are reportedly set to impanel a grand jury to consider indicting former AIG exec Joseph Cassano, whose AIG Financial Products group nearly caused the insurer to collapse last year.

After much back and forth, GM has reached a deal to sell its Opel divison to a Canadian parts supplier and a Russian bank.

The Economist wrestles with the Growth Obsession, meaning whether GDP is an indicator of health.