From the pinnacles of power by Fortune editor at large Patricia Sellers
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December 22, 2008, 6:50 pm

Power Point: Stem the bleeding

“The single most important thing we have to do as a new administration…is we’ve got to begin to stem this bleeding here.” 

- Vice President-elect Joe Biden yesterday on “This Week with George Stephanopoulos.” Biden said that the economy is in much worse shape than he and Obama had thought, and a second stimulus package costing $600-700 billion may be needed. Hear more gloom and hope for recovery from Biden on “Larry King Live” tonight.

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Pattie SellersPatricia Sellers has written some of Fortune's most talked-about cover stories, including "Can Meg Whitman Save California?", Melinda Gates ("The $100 Billion Woman"), "MySpace Cowboys," Martha Stewart ("I cannot be destroyed"), Ted Turner ("Gone with the Wind") and Oprah Winfrey ("Oprah Inc."). And she has broken ground with insightful pieces on career management issues such as ego ("Get Over Yourself!"), and "Charisma: Do You Need It? Can You Get It?" Pattie chairs the annual Fortune Most Powerful Women Summit, the preeminent gathering of women leaders in business, philanthropy, government, academia, and the arts. And she has helped oversee Fortune's "Most Powerful Women in Business" cover package since its launch in 1998. She started at Fortune in 1984, covering the big consumer brand companies.
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