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In thgis Nov. 18, 2008 file photo, Paul Nawrocki, from Beacon, N.Y., wears a sign as he looks for work near the David Letterman studios in New York. The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday.  (AP Photo/Bebeto Matthews, File)AP - The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday.


Federal Reserve Chairman Ben Bernanke appears on a television screen on the floor of the New York Stock Exchange, Monday, Dec. 1, 2008. (AP Photo/Richard Drew)AP - Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again Monday, hurtling the Dow Jones industrials down more than 430 points and erasing a huge chunk of last week's big gains. All the major indexes fell about 5 percent.


A trader on the floor of the New York Stock Exchange, November 13, 2008. (Brendan McDermid/Reuters)Reuters - Stocks tumbled on Monday as economic reports showing further evidence of the worsening global economic climate were backed up in comments from Federal Reserve Chairman Ben Bernanke.


Miami-Dade police officers stand in front of a store at Dadeland Mall in Miami, Monday, Dec. 1, 2008. Miami-Dade Fire Rescue spokesman Lt. Eddy Ballester says one person was transported to the hospital by helicopter with reported gunshot wounds. (AP Photo/Alan Diaz)AP - One person was shot at a suburban Miami mall Monday and taken to a hospital by helicopter, and another person was injured, authorities said.


Federal Reserve Chairman Ben Bernanke speaks during a luncheon meeting of the Austin Chamber of Commerce Monday, Dec. 1, 2008, in Austin, Texas. He said  that further interest-rate cuts are 'certainly feasible,' but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year.   (AP Photo/Harry Cabluck)AP - Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year.


 
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