The ultimate irony, of course, is that just as Rubin and Co. at Citi were being bailed out by the Bush administration, President-elect Barack Obama was getting set to announce a new economic team drawn almost entirely from Rubin acolytes. 
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Selected and fresh photos from around the web.
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Editor's pick
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BASRA, IRAQ - OCTOBER 18: People gather around a Land Rover as it arrives at the village Al Houta on October 18 2008 near Basra, Iraq. The trip by the 51 Sqn Royal Air Force Regiment Force Protection Wing was part of a 'key leader engagement' (KLE) visit to the village close to the Basra Airbase to recruit local labour and engage with the village shiek. Visits of this type are seen as key in efforts to continue winning the support of the local Iraqi population. Although improved security in the region has brought some benefits such as improved trade and commerce, much of the infrastructure remains in a poor state of repair. Britain's Prime Minister Gordon Brown has indicated that the number of UK troops could be scaled down - especially as the security situation in the south of the country continues to improve.
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Democratic presidential nominee Senator Barack Obama (D-IL) speaks during a campaign rally in the rain at the University of Mary Washington in Fredericksburg, Virginia, September 27, 2008.
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A puppy stands on a truck carrying people to be evacuated from the area in preparation for the approach of Hurricane Gustav in Batabano, on the southern coast of Cuba, August 30, 2008. Powerful Hurricane Gustav roared toward western Cuba on Saturday with 125 mph (205 kph) winds on its way to the oil-rich Gulf of Mexico after a deadly pass through the Caribbean.
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BANGKOK, THAILAND - AUGUST 30: A member of Anti-government People's Alliance for Democracy (PAD) stands behind barbed wire outside Government on August 30, 2008, in Bangkok, Thailand. The protesters want to unseat the seven-month old coalition government lead by Prime Minister Samak Sundaravej.
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Hot off the wire
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Anti-government protesters leave Suvarnabhumi airport Wednesday, Dec. 3, 2008 in Bangkok, Thailand. Thousands of anti-government protesters who occupied and shut down Bangkok's main international airport for a week began leaving today as their leaders declared victory after a court verdict disbanding the ruling party.
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A young refugee from Myanmar sits on a bus as he arrives for a demonstration outside the United Nations High Commissioner (UNHCR) office in Kuala Lumpur December 3, 2008, before he was turned away by the police. About 150 Myanmarese of ethnic Rohingya origin gathered outside the UNHCR office on Wednesday to demand for their basic and fundamental rights, and assistance to their problems.
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NEW YORK - DECEMBER 02: Television personality Soledad O'Brien attends the Room to Grow 10th Anniversary benefit gala at Christie's on December 2, 2008 in New York City.
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Recently starred
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Policemen stand guard at Tiananmen Square in Beijing, August 11, 2008. Olympic organisers vowed to tighten security in central Beijing on Sunday after an American tourist died in a stabbing attack, but they insisted the Chinese capital was safe and Western sightseers were unfazed.
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DETROIT - NOVEMBER 20: Shuttered homes and businesses line a downtown street November 20, 2008 in Detroit, Michigan. An estimated one in three Detroiters lives in poverty, making the city the poorest large city in America. The Big Three U.S. automakers, General Motors, Ford and Chrysler, are appearing this week in Washington to ask for federal funds to curb to decline of the American auto industry. Detroit, home to the big three, would be hardest hit if the government lets the auto makers fall into bankruptcy.
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Actor Viggo Mortensen gestures during a news conference to promote his latest film "Alatriste" in Tokyo on December 1, 2008. The film will be on the screens on December 13. Alatriste, played in the film by 47 year old US actor, is a unscrupulous 17th century adventurer in the movie, set in Spain's "golden age" under King Philip IV which coincided with the emergence of artistic giants such as Velasquez and the development of the "New World."
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Chelsea Clinton (L) and former US President Bill Clinton watch as US Democratic presidential candidate Senator Hillary Clinton (D-NY) speaks at the National Building Museum in Washington June 7, 2008. Clinton endorsed presumptive Democratic presidential nominee Senator Barack Obama (D-IL) to be the Democratic U.S. presidential candidate on Saturday and suspended her own White House bid less than a week after the Illinois senator secured enough support to win the nomination. Clinton's endorsement of Obama in a speech at the National Building Museum marked the beginning of efforts to reunite the Democratic Party after a long and divisive campaign battle that ended on Tuesday when Obama won the support of enough delegates to clinch the nomination.
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Quotes about Barack Obama
She has been one of the individuals who truly inspired me, and many others ... I don't think that there would have been even today a President-elect Barack Obama had it not been for an Yvonne Burke who was paving the way for that kind of greatness.
said Gloria Molina
in Daily Breeze
Young people today are more focused than ever on what’s going on around the world ... That’s why we’re investigating how to mimic (President-elect Barack) Obama’s mastery of reaching youths electronically.
was said
in Westport Now
I think that the things President-elect (Barack) Obama is starting to do now, with announcing his financial team and making those Cabinet appointments, are helping ... We’re starting to see the market relax more, meaning it will hopefully allow for some better interest rates.
said Michael Harling
She’s someone who has been very vocal, saying we need to stop America’s new president, Barack Obama (and his economic recovery plan) ... That’s not what Georgia voters want.
said Matt Canter
Today and yesterday, President-elect Barack Obama announced key members of an economic team tasked with creating jobs, stabilizing the economy, and getting our country back on track
was said
in CNN
Tomorrow morning, president-elect Barack Obama will make an economic announcement at a press conference in Chicago
was said
in The News
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