Navigator News (Coverage Ranks) Business36356 Jobs 1246 Job Cuts (949) Income (204) Jobs Related People Nancy Pelosi 18 Ben Bernanke 18 George W. Bush 17 Hillary Clinton 12 Barack Obama 11 Harry Reid 8 Angela Merkel 8 John Edwards 7 Tung Chee-hwa 7 Steny Hoyer 6 Carly Fiorina 6 Henry Paulson 6 Alan Greenspan 6 Jacques Chirac 6 Jiang Zemin 6 John Boehner 5 Mark Hurd 5 Alan Mulally 5 Charles Rangel 5 Charles Grassley 5 Zhu Rongji 5 Bill Clinton 4 Christopher Dodd 4 Max Baucus 4 Dick Cheney 4 Events 2007 Global Credit Crunch 52 110th Congress 21 2008 U.S. Recession 15 Bush Admin. 12 American Markets 11 U.S. Markets 11 US Election 2008 10 Global War on Terrorism 9 Post-911 attack Aftermath 8 2003 Aviation Industry Crisis 6 WorldCom Accounting Scandal 6 2005 Hurricane Katrina 5 Second Gulf War 5 Microsoft - Yahoo Deal 4 2007 Hollywood Writer Strike 3 2005 Delta Bankruptcy 3 US Election 2004 3 Darfur Genocide Crisis 2 Air France - Alitalia Deal 2 Bear Stearns Crash 2 Anti-war Movement 2 U.S. Painkiller Crisis 2 CCP Congress 2 2003 SARS Epidemic 2 UAL Financial Struggle 2

Chastened banks tighten up on lending: ECB Anyone looking for a bank loan is finding it tougher because of the recent financial market turbulence and there is little short-term relief in sight, a European Central Bank survey shows. 2008-05-11 Activities: [2007 Global Credit Crunch] Citi mulls up to $400 billion asset sales: source Citigroup Inc (C.N) will present as much as $400 billion of "non-core" assets that can be sold by the bank when it meets investors and analysts on Friday, a person familiar with the situation said. 2008-05-08 Activities: [2007 Global Credit Crunch] U.S. jobless claims post sharp decline The number of newly laid off workers seeking unemployment benefits dropped much more than expected last week. 2008-05-08 Activities: [2008 U.S. Recession] Swiss bank UBS reports 1Q net loss of $11 billion Swiss bank UBS AG announced Tuesday it would cut 5,500 jobs and reported a net loss of 11.5 billion Swiss francs ($10.97 billion) for the first quarter of this year. 2008-05-06 Activities: [2007 Global Credit Crunch] UBS to slash 5,500 jobs as it sells down subprime UBS (UBSN.VX) will cut 5,500 jobs in one the biggest purges seen so far in the financial markets crisis, as the Swiss wealth-management titan slashes at the investment bank that plunged it into turmoil. 2008-05-06 Activities: [2007 Global Credit Crunch] Headlines Chastened banks tighten up on lending: ECB 2008-05-11 Citi mulls up to $400 billion asset sales: source 2008-05-08 U.S. jobless claims post sharp decline 2008-05-08 Swiss bank UBS reports 1Q net loss of $11 billion 2008-05-06 UBS to slash 5,500 jobs as it sells down subprime 2008-05-06 Merck to cut 1,200 sales jobs following regulatory setback 2008-05-05 Investors eye Yahoo's alternatives to Microsoft 2008-05-04 Ford to offer union buyouts at two U.S. plants 2008-05-03 Employers cut fewer jobs in April, jobless rate falls 2008-05-02 Home Depot to close 15 underperforming US stores 2008-05-01 Many Americans struggling in life, survey finds 2008-04-29 Oracle completes $8.5 billion takeover of BEA, layoffs loom 2008-04-29 GM to lay off 3,500 at 4 pickup truck and SUV factories 2008-04-28 Wall St. braces for thousands of pink slips 2008-04-18 Citigroup to cut 9,000 jobs after posting loss 2008-04-18 AT&T to axe 4,600 jobs 2008-04-18 Merrill Lynch still licking wounds from US subprime foray 2008-04-17 Weekly jobless claims rise more than expected 2008-04-17 Merrill Lynch to write down further $6-8 bln 2008-04-16 Surging energy, food prices stoke US inflation fears 2008-04-15 Delta, Northwest shares fall on deal 2008-04-15 Delta, Northwest agree to combine 2008-04-14 UBS CEO says the bank is over the worst 2008-04-13 Obama calls for checks on executive pay 2008-04-11 Bushes pay taxes on $923,807 income 2008-04-11 AMD says CTO Phil Hester has resigned 2008-04-11 Merrill CEO says doesn't plan to raise more capital 2008-04-08 AMD estimates weak sales, to cut 10 percent of jobs 2008-04-08 Job winners and losers in hard times 2008-04-07 Bear Stearns employees flood Wall Street rivals with resumes 2008-04-06 Alitalia flies into critical week 2008-04-06 European unions protest on pay 2008-04-05 Jobs slashed, pointing to recession 2008-04-04 Lehman sees banks, others writing down $400 billion 2008-04-04 Motorola says to take $104 million charge for job cuts 2008-04-03 BAE Systems may axe nearly 600 jobs in Britain 2008-04-03 Schering-Plough announces more cuts 2008-04-02 Massive job cuts in space program likely 2008-04-01 Bank of America mulls scrapping sale of brokerage 2008-03-30 Older Americans wealthier, living longer 2008-03-29 Personal income rises, inflation moderates 2008-03-28 U.S. consumer spending weak in February 2008-03-28 CNet Networks to cut 120 jobs 2008-03-26 Air France-KLM to submit new Alitalia takeover offer 2008-03-25 JPMorgan raises Bear purchase price 2008-03-24 Wall Street may cut 20,000 jobs over 2 years 2008-03-24 CitiMortgage lays off 159 workers in O'Fallon, Mo. 2008-03-22 Jobless claims jump by 22,000 2008-03-20 Delta offers 30,000 job buyouts, cuts service 2008-03-18 Matches Shown: | 1-50 | 51-100 Most-viewed Surging energy, food prices stoke US inflation fears 2008-04-15 Obama calls for checks on executive pay 2008-04-11 Delta, Northwest shares fall on deal 2008-04-15 Bushes pay taxes on $923,807 income 2008-04-11 Merrill Lynch still licking wounds from US subprime foray 2008-04-17 Citigroup to cut 9,000 jobs after posting loss 2008-04-18 Merck to cut 1,200 sales jobs following regulatory setback 2008-05-05 UBS CEO says the bank is over the worst 2008-04-13 Wall St. braces for thousands of pink slips 2008-04-18 Merrill Lynch to write down further $6-8 bln 2008-04-16 Delta, Northwest agree to combine 2008-04-14 GM to lay off 3,500 at 4 pickup truck and SUV factories 2008-04-28 UBS to slash 5,500 jobs as it sells down subprime 2008-05-06 Investors eye Yahoo's alternatives to Microsoft 2008-05-04 Ford to offer union buyouts at two U.S. plants 2008-05-03 Employers cut fewer jobs in April, jobless rate falls 2008-05-02 Home Depot to close 15 underperforming US stores 2008-05-01 Many Americans struggling in life, survey finds 2008-04-29 AT&T to axe 4,600 jobs 2008-04-18 Weekly jobless claims rise more than expected 2008-04-17 U.S. jobless claims post sharp decline 2008-05-08 Job Discrimination Worsens in China 2008-02-14 Swiss bank UBS reports 1Q net loss of $11 billion 2008-05-06 Massive job cuts in space program likely 2008-04-01 CitiMortgage lays off 159 workers in O'Fallon, Mo. 2008-03-22

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