edition.cnn.com - Banking giant Citigroup has announced it is cutting a further 50,000 staff as the economic crisis worsens.

freemanstrikes.blogspot.com - Indian market are also expected to open in the negative. Indian IT stocks will see substantial fall during the day.

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abcnews.go.com - JPMorgan Says It Will Buy Ailing Bear Stearns for Fire-Sale $2 a Share, or $236.2 Million

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