Today The Wall Street Journal runs an article titled, “Citi Management Gets Generally Good Review”. The Journal reports that an” outside review of Citigroup Inc.’s management team has concluded that it is generally in good shape,” and explains: The review, conducted this summer for Citigroup’s board by recruiting and consulting firm Egon Zehnder International, was triggered by the government’s stress tests of top banks last spring. Companies found to need more capital were required to conduct assessments of their management and report the findings to federal regulators.

NEW YORK (Reuters) – One of two former Bear Stearns managers indicted for fraud over the collapse of hedge funds in 2007 feared a “blow up risk” to investors as early as November 2006, according to an email released on Thursday.

As part of the Huffington Post’s efforts to bear witness to the effects of the current economic environment on ordinary Americans, we’re rounding up some of the most compelling stories reported by local news organizations around the country. Jere Downs of the Louisville Courier-Journal reports that 10,000 people applied for 90 jobs at a General Electric factory there over three days. The positions have a salary of about $27,000 per year, but come with extensive benefits.

It’s now official: The country has lost more jobs as a percentage of peak employment than at any time since the Great Depression. This includes the recessions of the early 1980s, even when they are combined. Those looking for a v-shaped recovery keep insisting that jobs will come roaring right back, the way they did in the 1948 recession.

The poll will fuel the ongoing debate as to whether London or New York is the best place to do business for financial communities, amid recent reports that a growing number of hedge funds are moving to New York due to lighter regulation.

NEW YORK/WASHINGTON (Reuters) — The U.S. government’s “pay czar” played a critical role in Citigroup’s(C.N) decision to sell off its lucrative commodities trading business, Phibro, a source familiar with the matter said Friday.

The Hill reports that environmentalists are expressing unease that Democrats will permit more offshore drilling in the Senate’s climate change bill. Sen. John Kerry, who co-sponsored the bill with Sen.