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As Hill Debates Bailout, Wall St. Shifts Continue Paulson, GOP Oppose Democrats' Proposal to Limit Executive Pay - Washington Post

September 22nd, 2008, 9:10

By @ September 22nd, 2008, 9:10 in General


Congressional Democrats considering the Bush administration's emergency plan to shore up the U.S. financial system countered with their own demands yesterday, presenting draft legislation giving the government power to cut salaries of chief executives at firms that participate in the bailout and

As foreign policy debate looms, Obama and McCain focus on economy - Detroit Free Press
Democrat Barack Obama and Republican John McCain are trying to influence the course of the Bush administration’s Wall Street bailout plan as they prepare for their first debate this week. The two presidential candidates meet Friday night at the University of Mississippi in Oxford. While the

Americans win Ryder Cup to snap Europe's streak - Herald Tribune
United States team captain Paul Azinger, right, sprays champagne with Kenny Perry after winning the Ryder Cup at the Valhalla Golf Club in Louisville, Ky., on Sunday. U.S. captain Paul Azinger sprinted up the stairs to the clubhouse balcony and grabbed the biggest bottle of champagne he could find

Goldman, M.Stanley transform into Fed-regulated banks - Guardian Unlimited
WASHINGTON/PHILADELPHIA, Sept 21 (Reuters) - Goldman Sachs and Morgan Stanley got approval on Sunday to become bank holding companies regulated by the U.S. Federal Reserve, a move that ends the traditional investment banking model. The move, which will enable the firms to take deposits and buy

TOKYO, Sept. 22 (Xinhua) -- Japan's ruling Liberal Democratic Party (LDP) started its presidential election Monday. - Xinhua News Agency
A total of 527 ballots, consisting of 386 ballots from LDP Diet members and 141 from prefectural representatives, will be cast to pick the party's chief. Of the 141 prefectural ballots, LDP Secretary General Taro Aso is taking a dominant lead with 134 votes. Taro Aso, one of the five candidates for

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