In the News 11-20-08

In the News:

• Before the Bust, These CEOs Took Money Off the Table – WSJ (subscription required)
• Financial Week reports that several directors sit on the boards of the two industries hit hardest by the economic downturn and seeking the most government aid.
• A U.S. Senate subcommittee is focusing in part on whether bond-ratings firms, driven by conflicts of interest, boosted mortgage investments which have since collapsed – WSJ via Dealbook
• Financials may need $1 trillion says Analyst – Reuters via New York Times
• Deutsche Bank may cut 900 jobs in London, New York – Bloomberg News
• Mitt Romney writes an editorial on the Big 3 – New York Times