With the economy in free fall, President-elect Barack Obama is stepping up efforts to let Americans know what he has planned to stabilize the nation's financial system and calm the markets.
He announced a plan this weekend to save or create 2.5 million jobs by January 2011 and his transition team confirmed he will announce the leaders of his economic team Monday, naming Timothy Geithner as treasury secretary and Lawrence Summers to direct the National Economic Council.
The word Friday that Geithner was the likely choice to head treasury sent the stock market soaring almost 500 points.
So much bad news is dragging …
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