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Alabama County Misses Bond Payment; Wall Street Talks Continue - Bloomberg
Oct. 1 (Bloomberg) -- Jefferson County, Alabama, won't make an $83.5 million payment on some of its $3.2 billion of sewer bonds, as it continues to seek more time to negotiate an end to the debt crisis that has pushed it close to bankruptcy ...

Alabama County to Vote on Extending Debt Forbearance With Banks - Bloomberg
Oct. 1 (Bloomberg) -- Jefferson County, Alabama, will vote tomorrow on extending for a week the agreement with creditors that has allowed it to avoid making full payments on some of the $3.2 billion of bonds that have pushed it toward bankruptcy ...

Dow finishes below 10,000 for first time since '04 - ksl.com
Talk about LOL. If you think that the Democrats did not have anything to do with creating the economic problems facing this nation then you need to stop letting the media do you thinking for you. I am not saying that the Republicans did not have any ...

McCain blames Democrats for bailout defeat - Boston Globe
John McCain responded to the defeat of the bailout bill with a stinging attack on Democratic rival Barack Obama and his congressional allies. “From the minute John McCain suspended his campaign and arrived in Washington to address this crisis, he ...

HOUSE DEFEATS BAILOUT PLAN; STOCKS PLUMMET - Newark Star-Ledger
AP Photo Traders on the floor of the New York Stock Exchange watch a television monitor today as the vote on the bailout package is counted. WASHINGTON - The House today defeated a $700 billion emergency rescue for the nation's financial system ...

Update: McCain: "Let's not call it a bailout" - Los Angeles Times Blogs
Updated post : The Bush White House is now complaining that the media has unfairly labeled the $700-billion bailout bill as a ... bailout. Sen. John McCain, also chafing at the "b" word, is suggesting, "Let's not call it a bailout." From CNN today ...

2008 (2169) - Dakota Voice
► May 22 - May 29 (1) To assuage conservatives, McCain has rolled out endorsements from leading conservatives and aired a new television ad that mentions Ronald Reagan. He plans to attend a major gathering of conservatives later this month. The ...

House Republicans Blame Pelosi’s Speech - Wall Street Journal
Patrick Yoest reports from Washington on Congress. House Republicans blamed the failure of the $700 billion Wall Street rescue plan Monday on House Speaker Nancy Pelosi (D., Calif.), saying that Pelosi had been too partisan in a floor speech prior to ...

Bush implores Congress to act to rescue markets - Knoxville News Sentinel
President Bush makes a statement about the economic bailout bill and financial crisis on Tuesday in the White House in Washington. WASHINGTON - President Bush said Tuesday the economic damage to the nation will be "painful and lasting" if Congress ...

JPMorgan, Facing Federal Probe, Exits Municipal Swaps (Update3) - Bloomberg
Sept. 4 (Bloomberg) -- JPMorgan Chase & Co. will stop selling interest-rate swaps to government borrowers in the $2.6 trillion U.S. municipal bond market roiled by an antitrust probe and the near bankruptcy of Alabama's most-populous county. At least ...

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