- 20 million jobs lost in China from downturn to date - this is actually a very big deal (FT)
- FDIC running out of cash, asks tripling of Treasury credit line to $100 billion (Reuters)
- UBS alienates all current brokers with ridiculous new hire bonuses (Bloomberg)
- NY starting to retaliate against Paterson's budget cuts (NY Post)
- In meantime, IRS is broadening UBS inquiry (NYT)
- Investment bankers are the new pariahs (NYT)
- British firms lose 1.2 billion pounds in snow day (Guardian)
- Ryanair in talks to purchase up to 400 planes from Boeing/Airbus (Bloomberg)
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