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August home starts seen at lowest level in 17 years - September 17, 2008

WASHINGTON (Reuters) - A record rate of foreclosures probably kept many U.S. home builders off the job last month, pushing the rate of groundbreaking for new homes to its lowest level in more than 17 years, a Reuters poll showed.
http://www.dailyme.com/story/2008091700002854/

Fed rescues AIG, Barclays buys Lehman U.S. unit - September 17, 2008

HONG KONG (Reuters) - U.S. authorities engineered an $85 billion rescue of insurance giant American International Group Inc , staving off bankruptcy and bringing a measure of calm to shell-shocked global markets.
http://www.dailyme.com/story/2008091700002850/

AIG unit head mulls buying back leasing arm: report - September 17, 2008

(Reuters) - The chairman of American International Group Inc's profitable aircraft leasing arm is expected to lead an effort to buy back the unit, the Wall Street Journal said on Wednesday, citing people familiar with the situation.
http://www.dailyme.com/story/2008091700002559/

Oil rebounds in Asia after 2-day tumble - September 17, 2008

SINGAPORE - Oil prices rebounded Wednesday in Asia as traders viewed a two-day $10 drop as overdone and driven more by market jitters than by fundamentals.Sentiment got a boost on news that the U.S. Federal Reserve agreed to provide an $85 billion...
http://www.dailyme.com/story/2008091700001935/

Morgan Stanley weighing possible merger: report - September 17, 2008

SINGAPORE (Reuters) - Investment bank Morgan Stanley is weighing whether it should remain independent or merge with a bank, give the recent turbulence in the company's share price, broadcaster CNBC reported on Wednesday.
http://www.dailyme.com/story/2008091700001559/

Asia greases money markets, AIG deal fails to soothe - September 17, 2008

SINGAPORETOKYO (Reuters) - Japan, Australia and India pumped $33 billion into money markets on Wednesday as a U.S. government bailout of insurer AIG did little to ease a funding squeeze triggered by the crisis engulfing Wall Street.
http://www.dailyme.com/story/2008091700001464/

SanDisk rejects $5.9 billion offer from Samsung - September 16, 2008

SEOULSAN FRANCISCO (Reuters) - U.S. flash memory maker SanDisk Corp rejected a $5.9 billion bid by top memory chip maker, Samsung Electronics Co Ltd , but would not rule out a deal at a better price.
http://www.dailyme.com/story/2008091700000906/

Barclays to pay $1.75 billion for some Lehman assets - September 16, 2008

LONDON (Reuters) - Barclays , which over the weekend balked at acquiring stricken Lehman Brothers Holdings Inc , agreed to pay about $1.75 billion (1 billion pounds) for some of the bank's prime U.S. assets following its bankruptcy filing.
http://www.dailyme.com/story/2008091700000001/

Fed to lend $85 billion to AIG, take 80 percent stake - September 16, 2008

WASHINGTON (Reuters) - The U.S. Federal Reserve Board on Tuesday said the Federal Reserve Bank of New York will lend up to $85 billion to the American International Group in a plan aimed at saving the insurer from a "disorderly failure" that...
http://www.dailyme.com/story/2008091600024010/

Dell, Ingram Micro fuel worries about tech spending - September 16, 2008

NEW YORK (Reuters) - Two of the biggest computer vendors, Dell Inc and Ingram Micro Inc , warned on Tuesday that demand was weakening, adding to worries that the crisis on Wall Street would hurt corporate and consumer spending.
http://www.dailyme.com/story/2008091600023964/