September 29, 2008

Woman wakes up, should have smelled the coffee

clipped from www.wtopnews.com

CEDAR RAPIDS, Iowa (AP) – It wasn’t just the caffeine that gave an Iowa woman an extra jolt after she had her morning coffee. It was also the bat she found in the filter.

The Iowa Department of Public Health says the woman reported a bat in her house but wasn’t too [...]

September 29, 2008

House votes down massive bailout measure

Oh, Noes!! – Kristmas Kancelled – Krap Klaim Kiddies!

clipped from www.msnbc.msn.com

Debate prior to balloting showed deep reservations about $700 billion plan

WASHINGTON – The House on Monday defeated a $700 billion emergency rescue package, ignoring urgent pleas from President Bush and bipartisan congressional leaders to quickly bail out the staggering financial industry.

Stocks plummeted on [...]

September 29, 2008

links for 2008-09-29

Citigroup Buys Banking Operations of Wachovia
(tags: wachovia citigroup)

September 29, 2008

Citigroup Buys Banking Operations of Wachovia

Yikes! It’s like a real life game of PacMan.

clipped from www.nytimes.com

Citigroup will acquire the banking operations of the Wachovia Corporation, the Federal Deposit Insurance Corporation said Monday morning, the latest bank to fall victim to the mortgage market.

The F.D.I.C. said that the agency would absorb losses from Wachovia above $42 billion and [...]