Headlines from the Associated PressHeadlines from the Associated PressWhite House, Congress push for bailout deal- September 27, 2008 WASHINGTON (AP) -- Nervously eyeing the markets' next trading session, congressional Democrats and Republican senators pushed for an agreement Saturday on a multibillion-dollar bailout for the financial sector....http://hosted.ap.org/dynamic/stories/F/FINANCIAL_MELTDOWN?SITE=PAGRE&SECTION=BUSINESS&... Japan and Sweden: A tale of 2 gov't bailouts- September 27, 2008 Loans turn sour after years of excessive lending. Big financial institutions collapse. Fears grow about an economic meltdown. The government announces a massive bailout....http://hosted.ap.org/dynamic/stories/B/BAILOUT_FALLOUT_ELSEWHERE?SITE=PAGRE&SECTION=BU... What $700B won't buy: a quick fix for the economy- September 27, 2008 SAN FRANCISCO (AP) -- Not even $700 billion will be enough to spare the United States from more economic anguish if the government's proposed banking bailout pans out like similar desperation moves during the past two decades....http://hosted.ap.org/dynamic/stories/B/BAILOUT_FALLOUT?SITE=PAGRE&SECTION=BUSINESS&... Bailout goal: move fiscal wreck off the road- September 27, 2008 WASHINGTON (AP) -- Lawmakers sometimes struggle to explain how the proposed $700 billion financial bailout would improve commercial activity and help revive the fragile economy....http://hosted.ap.org/dynamic/stories/F/FINANCIAL_MELTDOWN_METAPHOR?SITE=PAGRE&SECTION=... Crisis boosts urge to regulate in Europe- September 27, 2008 PARIS (AP) -- In France, President Nicolas Sarkozy says the death knell has rung for freewheeling, U.S.-style capitalism. German's finance minister calls it downright "dangerous." Even the leader of more Wall Street-friendly Britain says financiers need closer watching, maybe on a global scale....http://hosted.ap.org/dynamic/stories/E/EU_EUROPE_TAMING_MARKETS?SITE=PAGRE&SECTION=BUS... |