ALSO NOTED: Citigroup reorganizes in Japan; Punk Ziegel analyst cuts Bear Stearns target price; and much more...

Company News:
> Citigroup reorganizes in Japan. Article
> S&P downgrades another bond insurer. Article
> Bear Stearns comfortable with 1Q estimates. Article
> Put traders bet against Bear Stearns. Article
> Bear Stearns stock nothing to crow about. Article
> Schwab launches monthly income funds for retirees. Article
> Punk Ziegel analyst cuts Bear Stearns target price. Article

Industry News:
> Custodians tackle corporate actions issues. Article
> Hedge funds bounce back in February. Article

Regulatory News:
> Police detain another SocGen employee. Article

And Finally... Career lessons from the presidential candidates. Article