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The Citigroup CEO struggles with a hedge fund that lost hundreds of millions of dollars, the White House claims NBC's Knesset footage was edited to make Bush look like a jerk, and noogies are legally defined, all in our daily rundown of industry news.
Also in our daily industry roundup: No recession! High-end boutiques on the LES! And law professors suing students!
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Tony Blair Settles Into His American Afterlife
Laid-Off New Yorkers Speak Out 
The Young and Beautiful Arrive in The City
Bush and Barack, Not-So-Strange Bedfellows?
