SNAPSHOT - Financial Crisis - 0025 GMT

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NEWS - Policymakers prepare drastic action as jobs, wealth lost - Obama calls Wall St. bonuses shameful at time of crisis - Obama, Japan's Aso agree to cooperate on economic crisis - U.S. December home sales fall to record lows - TARP overseer wants stricter executive compensation - U.S. to unveil menu of bank fixes next week-sources - U.S. manufacturers to slash spending in downturn - Trichet says ECB not ruled out rates below 2 pct - Ford posts loss, draws $10 billion in ...

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