Gregg to WH budget chief: TARP not a ‘piggy bank’ [video]

Italy prepares to sell bills today after the country’s two- year yield soared to a 14-year high yesterday. Australia’s dollar was set for a fourth week of declines as Asian stocks fell after German Chancellor Angela Merkel’s rejection of joint euro bonds damped optimism about a potential remedy for the region’s woes. The dollar rose against the yen before a U.S. report next week forecast to show consumer confidence improved. “Risk sentiment is still pretty poor as there doesn’t seem to be one clear solution that will be swift for