Monday, January 14, 2008

Some Stories to Ponder

The New York Times weighs the evidence that a consumer spending slowdown is underway.

Citigroup could be writing down $24 billion in losses due to the mortgage crisis, and is reaching out to a controversial Saudi moneyman, according to CNBC.

Fortune explains how taxpayers are going to help Bank of America buy Countrywide Mortgage, the nation's largest mortgage lender.

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