Title insurer LandAmerica Financial Group Inc. said Wednesday it will file for bankruptcy protection, while competitor Fidelity National Financial Inc. said it will acquire three of LandAmerica's subsidiaries.

"We have made these kind of decisions in the past," President Bush says of the dramatic Citigroup (C) rescue. "We made one last night and if need be, we will make these kind of decisions to safeguard our financial system in the future."

Global securities regulators launched three task forces to study abusive short selling, unregulated financial products and unregulated financial entities such as hedge funds, the U.S.

All major currencies post strong gains vs. the dollar as the Fed's continuing support of strained financial markets re-awakens risk appetite. "It's good news for the economy, so it should be good news for risky assets," strategist David Powell says. That explains it, but why no pressure on Treasurys? Euro +1.34%.

Leaders who oversee half the world's economy pledged Saturday to avoid protectionism but shied away from any new proposals on the financial crisis because of somebody who wasn't there: U.S.