Intersecting Minds: Education, Business and Technology at the North Carolina State Jenkins Graduate School of Management

Tuesday Morning Quick Hits | February 10, 2009

Tim Geithner will unveil his plan to rescue the financial system later this morning. His package is expected to include government assistance to shore up bad debt, stabilization of the housing crisis, and a request for a healthy does of private investment to make it all happen.

GM announced it is cutting 10,000 more jobs today.

Even oil giants BP and Chevron are feeling economic pain. For them it comes from the sharp drop in oil prices. Bloomberg has more.

Barack Obama took a strong tone last night, warning that the U.S. could face a “lost decade” and that this is “no run-of-the-mill recession.” You can also catch some video highlights from the Wall Street Journal link.

And the stock market is trading down this morning.


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