"The provision of details yesterday by President (Barack) Obama and Secretary Geithner is very important moving forward. More needs to be done in Europe on cleansing the banks. That's what had to happen for stimulus to be effective, for economies globally to start to recover."

The long awaited toxic asset buyback initiative has finally arrived. U.S. Treasury secretary Timothy F. Geithner revealed the plan today, which involves the government and private investors purchasing the bad assets from financial institutions that have caused this economic meltdown.

Just because it's the weekend, doesn't mean the economy takes a break from crumbling. So, before you head outside to enjoy the second day of Spring, take a look at a few interesting stories that have recently popped up on the web. Have a good weekend!