Minnesota Public Radio Stories

• When should arts organizations survive their founders?
  Many of the Twin Cities theaters, dance companies and music groups are quietly facing a leadership crisis.6:50 a.m.
• Commentator Peter Smith on the coming of fall
  It's officially fall. Yesterday at 10:44 a.m. marked the autumnal equinox, the date each year when the sun begins spending more time below the horizon than above it. That moment is considered the official beginning of fall in the northern hemisphere. But commentator Peter Smith does not mark the change in seasons by looking to the sky. He sees the change at the end of his own bed.6:55 a.m.
• Analysts say local financial firms will survive turmoil
  It may be another roller coaster ride for Minnesota's financial services sector when the stock market opens today. Investors pummeled Twin Cities financial firms and scores of other financial services stocks, as they worried what will or won't be in the financial industry bailout package being hashed out in Washington.7:20 a.m.
• New ballast water rules target invasive species
  Minnesota is expected to require treatment of ballast water discharged by ships that stop at Minnesota's Lake Superior ports, in an attempt to stop the spread of invasive species.7:25 a.m.
• Sen. Klobuchar skeptical of Wall Street bailout plan
  Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke appear on Capitol Hill to explain some of the details of a $700 billion bailout of Wall Street. Sen. Amy Klobuchar, DFL-Minn., has some concerns about it.7:50 a.m.
• Minn. 3rd District candidates spar on taxes, foreign policy
  The candidates running for Congress in Minnesota's 3rd District clashed over taxes, foreign policy and the Wall Street bailout in a debate last night.7:55 a.m.
• Future Tense with Jon Gordon
  Will a new physical format for digital music catch on with music listeners and consumers?8:20 a.m.
• Twins begin pivotal series with White Sox
  The Minnesota Twins open a pivotal three game series Tuesday at the Metrodome against their division rivals the Chicago White Sox.8:35 a.m.

National Public Radio Stories

• Paulson, Bernanke Lobby Senate Panel On Bailout
  Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke are before the Senate Banking Committee Tuesday to urge senators to act quickly on the $700 billion bailout package. Democrats seem to be unfied over the plan but some Republicans are hostile towards it.
• Europe Balks At Helping U.S. Dig Out Of Fiscal Hole
  While Treasury Secretary Henry Paulson is pressing Congress to pass his $700 billion plan to bailout the financial sector, he's also asking foreign countries for assistance. But France and Germany are not likely to get aboard. Many Europeans now feel that their model of tighter regulation and more government involvement has been vindicated.
• President Bush Bids U.N. Farewell
  World leaders gathered in New York Tuesday for the U.N. General Assembly. President Bush addressed the meeting for his eighth and final time. He portrayed himself as a multilateralist who wants to see the U.N. function better. Bush is trying to shed his go-it-alone image.
• Blackstone's Peterson: Bailout Size Is Mind-Numbing
  Congress and financial officials are busy wrangling over the proposed financial bailout package. The question is how to make sure this package works. Pete Peterson co-founded Blackstone Group, one of the country's biggest private investment firms. He says the size and the concept of the bailout package are mind-numbing.
• Obama: Wild Financial Markets Need Taming
  Democratic presidential nominee Barack Obama campaigned Monday in the battleground state of Wisconsin. The Illinois senator chastised the Republican administration for its push to deregulate the financial markets. Obama said Republicans wanted to let the market run free, but instead they let it run wild.
• Bailout Plan Makes McCain 'Deeply Uncomfortable'
  Republican presidential hopeful John McCain called Monday for bipartisan oversight of the Bush Administration's proposed bailout of the U.S. financial markets. Campaigning in Scranton, Pa., McCain said the current plan makes him "deeply uncomfortable" because one man, Treasury Secretary Henry Paulson, would have control over all that money.
• Dollhouse Strategy Sells House in Depressed Area
  Gerry and Cindy Mann of Battle Creek, Mich., have finally found a buyer for their home. After it languished on the market for a year, they decided to put their dollhouse up for sale for $169,000 and throw in the real house for free. The marketing move generated media attention and the Mann's found a buyer. Best of all, they get to keep the dollhouse.
• Bad Mortgages Taking Down Good Loans, Too
  Foreclosures in risky subprime mortgages have soared, but they are only a small part of the market. In fact — despite economic pain and uncertainty — the vast majority of Americans continue to make their mortgage payments. Yet that small percentage of bad loans is having an outsize impact on the financial world.
• Financial Firms Eye Chance To Cash In On Bailout
  While Congress is hashing out details of the government's $700 billion bailout of financial institutions, Wall Street is eyeing an opportunity. The government will have to hire help to deal with the bad loans. So, some of the same firms that packaged up and signed off on those bad mortgage loans in the first place want to get hired to help with the cleanup.
• 'The Anglo Files: A Field Guide To The British'
  The U.S. may have a special relationship with Britain, but there's a lot that divides Americans and Brits. Sarah Lyall, author of The Anglo Files: A Field Guide to the British, details British people and their character. In one section of the book, Lyall explores Brits and booze.
• Bailout Seeks Broad New Powers For Treasury Chief
  The Bush administration's proposal to rescue the financial sector with a $700 billion bailout will change American capitalism. One law professor says it sidelines Congress and gives extraordinary power to the U.S. Treasury secretary.
• Foreign Markets Mixed Over Bailout Package
  From Asia to Europe, financial and political leaders showed little enthusiasm for the bailout plan aimed at rescuing the U.S. financial system. Stock markets in China, Hong Kong and Australia ended the day down. In Britain, France and Germany, stock markets began the trading day lower.
• Reid: Congress Won't Rubber Stamp Bailout Plan
  The White House is pressuring Congress to pass a $700 billion rescue package for the financial sector. Senate Majority Leader Harry Reid said the Bush administration's proposal is a starting point but by no means is the final product. Democratic lawmakers say they want to include more oversight, bankruptcy changes and executive pay caps.
• McCain's Former Brazilian Flame Tracked Down
  We reported last week that political candidates in Brazil changed their names. Several Brazilians are running under the name Barack Obama. Now John McCain gets equal time. His memoir "Faith of My Fathers" recalls his liaison with a Brazilian fashion model. It happened 51 years ago, when he was in the Navy. He never named her, but Brazilian reporters tracked her down. Maria Gracinda Teixeira says McCain was romantic and a "good kisser."
• Officials Will Pave Over Cacophonic Asphalt
  A symphonic driving experience ends Tuesday in Lancaster, California. Grooves carved into a quarter-mile stretch of road play the "William Tell Overture" when cars drive over them. It was part of an ad campaign by Honda, which designed the road. A Honda Civic going 55 mph plays the music at perfect pitch. Neighbors were not amused. They said it kept them up at night. City officials plan to pave over the road.

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