SIVs Don't Need Superfund Anymore. Today's Wall Street Journal writes "Enthusiasm Wanes for Fund to Bail Out SIVs". It says that Gordian Knot, manager of Sigma Finance, the largest SIV, "doesn't intend to sell assets into the fund". With this decision, Citi's SIVs, which have been reduced by almost half over the past several months, remain the only major programs left in need of backing. Today's Journal also writes "Some Lending Pressures Ease, A Bit".