Today's CNBC MarketWrap

Today's top 5 stories on CNBC

1. Citi's Emergency Board Meeting: Citigroup is calling an emergency board meeting this weekend, reports Dow Jones. CNBC's Mary Thompson and Anton Schutz, of Burnham Asset Mgmt. have the details.

2. Jobs Report Released: Discussing the October numbers, with Diane Swonk, Mesirow Financial; Jack Bouroudjian, Brewer Investment Group; Mark Zandi, Moody's Economy.com; CNBC's Rick Santelli & Steve Liesman.

3. Rangel's Tax Bill Moves Forward: The House moves forward on Charlie Rangel's proposed tax bill, which halts growth of the AMT but includes a $50B tax hike on PE/hedge funds. Democratic strategist Margie Omero & Republican strategist Jack Burkman share their insight.

4. Writers Strike Update: The Writers Guild is ready to call a strike, reports CNBC's Julia Boorstin.

5. Sports Call: The New England Patriots vs. the Indianapolis Colts is a touchdown for the NFL business, with CNBC's Darren Rovell.

Click here to view all of today's Top stories

Clip of the week:

	Fed Cut's Rates
	The Federal Reserve cuts both the fed funds and discount rates by a quarter point, and CNBC's Hampton Pearson has the details.

Political Capital w/ John Harwood: Dems For 2008 Money, Organization Signal Crucial Time. Click here to view posting.

Tune in to CNBC Monday to watch the market unfold

1. Prince Under Fire: Charlie Gasparino and Mary Thompson follow the plight of Citigroup CEO Charles Prince, who finds himself in an increasingly precarious position. The rumor mill is buzzing that his ouster is near.

2. Hollywood on Strike? Barring a last-minute deal, the Writers Guild of America will go on strike Monday morning. Daily TV talk shows could be forced to shut down as soon as next week. Disruptions at other TV and movie productions could eventually affect 200,000 media industry jobs in the Los Angeles area alone. Julia Boorstin covers all the developments.

3. Good Morning (From) Vietnam: Scott Cohn is with the US trade mission in Vietnam as Commerce Secretary Carlos Gutierrez and executives from major American companies travel to open doors in the emerging market. Vietnam has been growing at a red hot pace... and, unlike the sometimes closed-off China, Vietnam is inviting American companies and investors.

4. Muni Bond Showdown: On Monday, the U.S. Supreme Court hears a lawsuit by two Kentucky investors who say it's unfair for that state to exempt its own bonds from state income tax while taxing the interest generated by other states' bonds. The case could change the world for municipal bond investors and make financing more expensive for some state and local governments. Hampton Pearson explains.

5. Tom Perkins Interview: The man who blew the whistle on last year's Hewlett-Packard boardroom spying scandal tells his side of the story for the first time. Silicon Valley venture capitalist Tom Perkins, who resigned from the H-P board over the scandal, is out with a new book, Valley Boy. In the first of a two-part cable-exclusive interview, he talks to Scott Cohn about the spying scandal, former HP Chairwoman Pattie Dunn and former HP CEO Carly Fiorina.

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