New York, April 6, 2009 -- Citigroup (NYSE: C) and Bank of America (NYSE: BAC) today jointly announced the launch of an innovative program, dubbed ATM Instant Equity Exchange, under which the two banks will commence dispensing stock vouchers rather than cash from ATMs under their control. Wells Fargo (NYSE: WFC) is expected to sign on to the program later in the week.

Citibank, co-founder of the AIEE! program: Photo (CC) Ed Yourdon.

Paris, February 11, 2008 -- Jerome Kerviel, the so-called "rogue trader" whose actions resulted in a staggering $7.2 billion loss last month for French bank Societe Generale, simply got his millions and his billions confused, according to a French police officer who asked not to be identified.

Washington, D.C., February 3, 2008 -- In an effort to stave off a looming recession in the wake of moribund consumer sentiment, ongoing turmoil in world credit markets and the subprime lending crisis, the White House announced today that major progress has been made on an Electronic Stimulation Package, the final details of which will be announced shortly.

Washington, D.C., February 12, 2008 -- An unusually somber and introspective President George W. Bush, presenting the details of his $3.1 trillion fiscal year 2009 budget proposal for members of the American Plutocrats Union, a conservative group, lamented that the budget proposal represents his “last chance to shaft the poor.” He urged the assembled audience to do “everything in their powers” to convince their elected representatives that the budget proposal represented an historic opportunity that may not return for a decade or more.