Top salesmen for financial bailout face grilling - Forbes
The two top salesmen for a $700 billion financial bailout are in for a grilling by Capitol Hill lawmakers just one week after the administration officially ditched the original strategy behind the rescue. Federal Reserve Chairman Ben Bernanke and

Citigroup to Cut Jobs - Washington Post
Citigroup will reduce its global workforce by about 50,000 jobs, or about 15 percent, as the financial services giant tries to steady itself after recording losses of more than $20 billion over the past year, executives said yesterday. The company

Memo to Congress: Act now - Boston Globe
HOUSE Financial Services Committee chairman Barney Frank describes the economic recovery plan as a three-legged stool: thaw the credit markets; stop the hemorrhage of foreclosures; and stimulate the economy. Without all three legs standing, the