Citi sets a record… how it could signal a market bottom by June…Dan Amoss on a “rescue” program that might work as advertised — and even touch off a stock rally… Buffett dispenses more pearls of wisdom… highlights of his annual letter to shareholders… Byron King on the energy crisis the government must solve… soon… U.S. still doesn’t have it that bad… the new Iron Curtain forming in the EU

Steve McDonald of Investor’s Daily Edge recommends three profit-potential bank stocks that could play out following the downside of government intervention.

“This program is intended to fundamentally and comprehensively address the root cause of our financial system’s stresses by removing distressed assets from the financial system.” Treasury Secretary, Hank Paulson, October 2008.

Fed sets target for buying mortgage-backed securities… Initial jobless claims fall more than expected… S&P 500 futures up 0.4 pct, Dow futures up 0.2 pct, Nasdaq futures off 0.3 pct

Profit in 2009:  Think like a Fed governor… A “mere” 25 banks failed in 2008… proof that the FDIC expects many more next year… Retail on the brink… preliminary reports suggest holiday consumption even lower than anticipated… So who will thrive in 2009? An unsavory list of stocks prime to benefit from a lousy economy… Middle East moving markets… why news from Kuwait and Gaza is affecting your portfolio today… Byron King on the $200 billion consumer bailout Congress never passed

The “flight to quality” continued yesterday (Wednesday) as investors pushed up the price of Treasuries on fears the U.S. Federal Reserve’s drastic rate cut means the economy’s woes are far from over.

The U.S. Federal Reserve and Treasury Department announced yesterday (Tuesday) $800 billion worth of stimulus measures to rev up three primary engines of the U.S. economy – homebuyers, consumers and small businesses.

The Bush Administration is considering a plan that could keep as many as 3 million homeowners who are behind on their mortgages from losing their houses, The New York Times reported today (Thursday).

Like the cast of a bad sitcom, the stars of the credit crunch are reuniting.

With 80% of losses from the subprime crisis already reported according to a Fitch Ratings Inc. report released today, the collateralized debt obligation (CDO) market that many had written off for dead could be showing new signs of life.