Citigroup Inc (NYSE:C) is in talks to hire Peter Orszag, former White House Budget Director. Orszag, 41, may take up a position in the investment banking division, Bloomberg News reported without naming its sources. The hiring may be announced as soon as today. Princeton-educated Orszag was the youngest member of President Barack Obama’s cabinet . . . → Full Story: Market Update: Citigroup Inc (NYSE:C), Lowe’s (NYSE:LOW), Bank of America (NYSE:BAC)