Changes

<ref> Gretchen Morgenson, "Countrywide to Set Aside $8.4 Billion in Loan Aid," [http://www.nytimes.com/2008/10/06/business/06countrywide.html?ref=business ''New York Times'' Oct. 6, 2008]</ref>   

<ref> Gretchen Morgenson, "Countrywide to Set Aside $8.4 Billion in Loan Aid," [http://www.nytimes.com/2008/10/06/business/06countrywide.html?ref=business ''New York Times'' Oct. 6, 2008]</ref>   

Citigroup, the third largest bank in the U.S., is tottering in late November. Its value according to the stock market has plunged to $21 billion, down from $244 billion two years ago.  Round after round of layoffs have ended 75,000 in 2008 out of 375,000 employees a year ago.  Very heavy exposure to toxic mortgages is the main culprit.  

Citigroup, the third largest bank in the U.S., is tottering in late November despite its receipt of $25 billion in TARP bailout money. Its value according to the stock market has plunged to $21 billion, down from $244 billion two years ago.  Round after round of layoffs have ended 75,000 jobs in 2008 out of 375,000 employees a year ago.  Very heavy exposure to toxic mortgages is the main culprit.  

==Crisis in Auto industry==

==Crisis in Auto industry==