TOPWRAP 1-World on edge as U.S. slumps towards bank aid

Newswire

* Stocks battered on fears rescue will fall short * U.S. to launch bank rescue program Wednesday * Japan to consider buying stocks directly * U.S. government may boost Citi stake - source (For more on the financial crisis, click [nCRISIS]) WASHINGTON, Feb 24 (Reuters) - The United States vowed to prop up ailing banks if needed, with the government set to take a bigger stake in Citigroup and inject yet more cash into insurer AIG, even as a Federal Reserve official urged that such ...

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