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Monday, September 29, 2008

Minnesota Public Radio Stories


National Public Radio Stories

  • Passage Uncertain For Wall Street Bailout Bill
    The House of Representatives is expected to vote Monday on a $700 billion rescue plan for the nation's financial system. House Speaker Nancy Pelosi says it isn't a bailout of Wall Street but a "buy-in" to help turn the economy around. It's not clear whether the bipartisan legislation has the needed votes to pass.
  • Will Rescue Package Stabilize The Markets?
    After a weekend of tense negotiations, lawmakers produced a $700 billion rescue package for Wall Street. The legislation includes limits on executive pay, oversight and a deal-sealing plan for eventually recouping losses. However, no one knows for sure whether that will be enough to stabilize the markets.
  • Biden Logs Many Miles For Democratic Ticket
    Democratic vice presidential nominee Joe Biden is a sharp contrast to his rival Sarah Palin, who's a relative novice. Biden has been in the Senate since 1972 and made a run for the presidential nomination twice. Now he's taken on a backbreaking schedule, from early in the morning to late at night, campaigning for his ticket.
  • Neb. Officials: Parents Misusing Infant Drop-Off Law
    A law intended to protect abandoned infants in Nebraska is having an unexpected effect. So far, 14 children — many preteens or teenagers — have been dropped off at hospitals. Now state officials, who say parents fed up with raising unruly older children are misusing the law, are calling on the legislature to restrict the age to younger children.
  • Trial Begins For Men Accused In Fort Dix 'Pizza Plot'
    The trial of five men accused of a terrorist plot to infiltrate the Fort Dix Army base as pizza guys begins Monday. The defense says the men were merely filmed clowning around at a shooting range. Prosecutors say they were intent on killing soldiers.
  • Embassy Attack Marks Rise Of Al-Qaida In Yemen
    The attack on the U.S. embassy in Yemen earlier this month killed 17, including one American. The bombing by al-Qaida in Yemen marks a resurgence of militant violence in the nation, which has complex ties to Islamist militancy.
  • Somali Pirates Demanding Ransom For Ship
    Pirates are holding a Ukrainian-operated ship carrying 33 Russian-built tanks off the coast of Somalia. They're demanding a ransom of $20 million for the release of the ship and crew members. One of the pirates says they will fight to the death if attacked. An American warship, the U.S.S Howard, is monitoring the situation.
  • Wachovia May Be The Next Bank To Disapear
    The next bank the government is focused on is Wachovia. A rescue would come on the heels of last week's government takeover of Washington Mutual. The country's biggest saving and loans was sold to JPMorgan Chase.
  • European Bank Fortis Propped Up
    The Wall Street bailout package negotiated over the weekend may not be enough to prevent the turmoil from spreading overseas. European banking officials have been working through the weekend to deal with the financial turmoil hitting Fortis, the largest retail bank in Belgium and Luxembourg.
  • Mexico's Richest Man Buys Stake In New York Times
    Mexican billionaire Carlos Slim is barely known in the U.S. Most of his wealth was created through the privatization of Mexico's telephone company. Slim recently bought a 6.4 percent stake in The New York Times Company.

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