Grim Snapshot - The U.S. Economy in Rapidly Accelerating Freefall

Most everyone knows it's a jungle out there for the U.S. economy, but how does this recession measure up to the last one we lived through in 2001?

According to ChangeWave's latest corporate survey - conducted November 20th through December 1st - the U.S. economy is caught in the clutches of a recession far deeper and more painful than anything seen back in 2001. continued

by Paul Carton | 12/08/08

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	Can Citigroup Be Saved? Citigroup Inc. (C) announced that it is making plans to planning to increase the number of its common shares outstanding and execute a reverse stock split as part of its effort to convert preferred shares to common shares. Citi is seeking to exchange about $27.5 billion in public and private preferred securities as part of its agreement with the Treasury Department, which has pledged to match up to $25 billion of the conversions. This deal represents the government's third attempt... continue

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Grim Snapshot - The U.S. Economy in Rapidly Accelerating Freefall

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Can Citigroup Be Saved?

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