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All you wanted to know about meltdown (HT via Yahoo! India News)
A doctor friend recently told me something interesting. The doctors' lounge in the Mumbai hospital where he works has a television that was usually tuned to one of the business news channels during the bull market that took Indian shares to record heights by January 2008.
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Lower Mortgage Rates May Be Silver Lining in Turmoil (Update2) (Bloomberg)
Oct. 8 (Bloomberg) -- There are few silver linings for consumers who have seen the Standard & Poor's 500 Index drop more than 30 percent this year. Lower mortgage rates may be one of them.
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A silver lining for borrowers (The Record)
NEW YORK — There are few silver linings for consumers, who have seen the Standard & Poor's 500 Index drop more than 30 percent this year. Lower mortgage rates may be one of them.
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Kingsport faring better than other areas during troubled economic times (Kingsport Times-News)
Downtown Kingsport continues to draw shoppers, browsers and visitors, as evidenced by this group of people Thursday. David Grace photo.
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Pearlstein: Financial Meltdown (Washington Post)
Washington Post columnist Steven Pearlstein will be online to discuss the ongoing financial crisis.
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Big Canadian banks snub BoC interest rate cuts (CTV British Columbia)
Major Canadian banks are not passing along the Bank of Canada's half-point cut to the lending rate and instead are cutting their prime rates by just a quarter of a percentage point.
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A 'battle of facts and figures' (St. Louis Post-Dispatch)
WASHINGTON — As the economic crisis deepened, John McCain has watched his own numbers sink in national polls and in states he must win.
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10-7-08 EUR ALL ON ONE PAGE (Eurweb)
JURORS DISCUSS O.J.'S GUILTY VERDICT: Panelists say decision influenced heavily by secret audio tapes. *Seven jurors from the O.J. Simpson trial say their guilty verdict was influenced more by secret audio tapes and surveillance video than eyewitness accounts, reports the Associated Press.
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How’s it affect me? — Local business leaders discuss what financial crisis means for Tri-Cities. (Johnson City Press)
What will happen to my retirement investments? Can I get a car or home loan? Are small businesses going to stop growing and start closing? How in the world is the “bailout” supposed to work?
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House girds for 2nd try on financial rescue (Albany Democrat-Herald)
Associated Press Writers WASHINGTON — House members are getting another chance to vote on a financial bailout bill that has infuriated millions of voters after the Senate added tax cuts and other sweeteners and passed it handily.
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