Question: What would happen if the government let Citibank and Bank of America, et al., just fail? Paul Solman: The possibilities are various, intriguing, and terrifying. Let’s say Citi goes under. The government has to honor all of the company’s…

Feb 24

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A private research group announced Tuesday that consumer confidence sank to a record low in February. Meanwhile, Federal Reserve Chair Ben Bernanke told Congress the U.S. economy is suffering a "severe contraction."…

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