The U.S. economy is looking pretty grim at the moment. As Congress bickers over putting together a financial bailout plan, Washington Mutual was seized by the government late Thursday after it became the biggest US bank ever to collapse.
(Charlotte Bobcats mascot Rufus saves gas money by biking to work)
Figures that such financial strain would soon rear its head in the sports world. And that’s bad news for employees of the Charlotte Bobcats, as the young NBA franchise is on the verge of cutting a whole bunch of team jobs.