Links: 2009-01-17

Crunch ‘cost Arabs $2.5 trillion’ – BBC News

Ireland’s financial sector is ‘no Iceland’, says minister – Telegraph

Illinois-based National Bank fails: FDIC – Reuters

Pimco’s Gross Buys U.S. Debt for First Time in Year – Bloomberg.com

Report Sees Rise in Bank Failures and Deals – DealBook Blog – NYTimes.com

U.S. to lend $1.5 billion to Chrysler Financial – Reuters

GE will cut up to 11,000 jobs: report – National Post

financial news