| DOW | 8870.54 |  | -73.27 | -0.82% | | NASDAQ | 1616.74 |  | -30.66 | -1.86% | S&P | 919.21 |  | -11.78 | -1.27% | | | | | Crisis Timeline: Fed Actions to Combat Credit Crunch The U.S. Treasury and Federal Reserve on Monday eased the terms of official aid to battered insurance giant American International Group. The Treasury will buy $40 billion of new preferred AIG stock under the Troubled Asset Relief Program (TARP), allowing the Fed to trim its original AIG loan to $60 billion from $85 billion.....read more | | | | Stocks Close Lower As Early Rally Fizzles Stocks closed lower as investors worried about the global economic downturn and enthusiasm for China's deep-pocketed stimulus plan faded. After an initial pop, the market turned lower and steadily declined throughout the day.....read more | | | | Stock Picker: Buy Sustainability — NOT Dips "Buy the dips"? Michael Yoshikami thinks that's become a very over-used term. "What I'm suggesting is, this is an economy that's going to take time to recover," the president and chief investment strategist of YCMNET Advisors told CNBC.....read more | | | | 1. Tiger Woods' Golf Course  Tiger Woods discusses getting into real estate in the current market, how he feels about Obama's election, the survival of his sport in tough economic times, his recovery from injury and much more, with CNBC's Jane Wells. | | | | 2. Seeing a Deeper Recession  Forecasting a jobless rate of 8.5 percent, with Jan Hatzius, Goldman Sachs chief U.S. economist and the Power Lunch team. | | | | 3. AIG CEO On Bailout  Insight on the company's loss of $24B in Q3 and the government's bailout package to help the troubled insurer, with Edward Liddy, AIG chairman/CEO | | | | 4. The New Economy  Thoughts on the economy, the auto industry and the President-elect, with Nouriel Roubini, NYU Stern School of Business professor | | | | CNBC.com BLOG OF THE DAY | |  | |
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