Another bleak day: Even Microsoft planning massive layoff
A wrap-up of the bad news from the economic world..
Is Obama considering a government -owned bank??
Microsoft to cut 5,000 jobs..
Capital One expects big losses..
Housing starts hit record low..
Nokia free-fall..
Tyco to close plants..
IBM says layoffs are coming--but they won't say how many..
Anger and argument over state worker furloughs in California..
Pennsylvania may lay off many state workers.. Quote of the day from Gov Rendell: "will be layoffs and universal pain," Rendell said. "And I don't want to hear whining"












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