Five People for the Obama-Biden Administration
Talking Points on the Designation of Christina D. Romer as the Candidate to Be Nominated by President Obama to the Senate for the Post of Chair of the Council of Economic Advisers

The Citigroup Bailout: What Are They Doing?

Paul Krugman has had enough:

Citigroup - Paul Krugman Blog - Mark Thoma has the rundown of informed reactions. A bailout was necessary — but this bailout is an outrage: a lousy deal for the taxpayers, no accountability for management, and just to make things perfect, quite possibly inadequate, so that Citi will be back for more. Amazing how much damage the lame ducks can do in the time remaining.

It is unclear to me why they aren't just buying common stock. As it is, they're endangering their own reputations to an extraordinary degree...