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the american corporate giants that once hailed as the unshakable foundations of the american economy are faltering one after another.
　　
　　The truisms have been familiar to generations of Americans,here it goes:
　　
　　"Citigroup is too big to fail", or is it? Last Thursday, a share of Citigroup, worth $55.12 less than two years ago, finished the day at $1.02, about half of the ATM fee Citigroup charges its customers. The once-mighty financial conglomerate, valued at more than $300 billion in March 2007, was worth just $5.6 billion at the end of the day.
　　
　　General Electric, one of the 12 original companies in the Dow Jones industrial average in 1896, always "brings good things to life", closed yesterday at its lowest level since 1992, barely a 10th of its peak level. The price of a GE share, $6.66, was less than the price of a single GE compact fluorescent flood light bulb in hardware store.
　　
　　last but the least, "As General Motors goes, so goes the nation". the proud self-proclaimation is closer than ever to become literally a terrible truth. the battered GM shares slid yet another 15 percent to $1.86, not enough to buy a gallon of gasoline for the machines rolling out of GM’s assembly lines. GM’s own auditors warned the company might not remain solvent without massive additional assistance from the U.S. government.
　　
　　
　　http://www.msnbc.msn.com/id/29541470/