Gulf investors may not save Citigroup, Dubai executive says: -Mideast sovereign wealth funds may fail to save troubled U.S. banking giant Citigroup Inc.unless more cash is pumped into the lender, the head of a $13 billion Dubai-owned investment firm said Tuesday.
GM, Ford, Toyota Post Declines in U.S. February Sales : GM's light-vehicle sales dropped 12.9 percent, Ford's slipped 6.6 percent and Chrysler was down 14 percent. Toyota, No. 2 in U.S. sales ahead of Ford and Chrysler, posted its second decline of 2008 and its sixth in eight months. GM and Ford scaled back production plans for next quarter.
The $34 trillion problem: Medicare is poised to wreak havoc on the economy. And our presidential candidates are avoiding the issue.
UK banks write off record £6.8bn in household debt: Britain's banks have been forced to write off a record chunk of household debt in the past year in the latest sign that families are struggling to keep up their repayments.
Bernanke Urges Banks Forgive Portions Of Mortgages
Dolllar Slides On Grim US Economic Outlook
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