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Front Page: Treasury Unveils $1 Trillion Plan For Banks


  • Treasury Secretary Timothy Geithner unveiled a complex plan today to end the nation's banking crisis. A new federal entity would help private investors buy as much as $1 trillion in devalued real-estate assets. — New York Times
  • Fourteen people died after a plane crashed into a Montana cemetery last night. — CNN
  • JPMorgan Chase, which has received $25 billion in bailout funds, plans on buying two luxury corporate jets and a luxury aircraft hanger at the cost of $138 million. — ABC News
  • Venezuela's President Hugo Chavez says comments from President Obama have made him reconsider his plan to send an ambassador to Washington. — Reuters
  • Three police officers were killed and a fourth is brain dead after a shooting in Oakland, CA, this weekend. — San Francisco Chronicle

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