"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.
Greetings from Southern California! We're here for Fortune's 10th annual Most Powerful Women Summit which, even with all that turmoil across the global markets, is drawing the heaviest hitters in business, starting with Warren Buffett and Lloyd Blankfein.
The world's greatest investor and the Goldman Sachs (GS) CEO will be at our opening dinner tonight. It's a crazy coincidence since we invited these two men (our first time inviting men) months ago. Then, last week, the MOREPatricia Sellers - Oct 1, 2008 1:57 PM ET
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