Lehman sought millions for execs while seeking aid (AP)
Mon, 06 Oct 2008 23:13:41 GMT
AP - The now-bankrupt investment bank Lehman Brothers arranged millions in bonuses for fired executives as it pleaded for a federal lifeline, lawmakers learned Monday, as Congress began investigating what went so wrong on Wall Street to prompt a $700 billion government bailout.

Dow finishes below 10,000 for first time since '04 (AP)
Mon, 06 Oct 2008 23:13:46 GMT
AP - Wall Street joined in a worldwide cascade of despair Monday over the financial crisis, driving the Dow Jones industrials to their biggest loss ever during a trading day. Even a big afternoon rally failed to keep the Dow from its first close below 10,000 since 2004.

McCain calls Obama a liar, faults his Chicago ties (AP)
Mon, 06 Oct 2008 23:13:58 GMT
AP - Behind in the polls, Republican John McCain on Monday called Democratic rival Barack Obama a liar as he leveled his harshest criticism yet, and said the campaign boils down to one basic question: Who is Obama really?

Debate stakes higher for McCain as insults mount (AP)
Mon, 06 Oct 2008 23:23:02 GMT
AP - Running short on time, John McCain has the most riding on the second presidential debate, though Barack Obama will be out of his scripted comfort zone in the town hall-style confrontation. It could be ugly if Monday's tussling is any indication.

Bush says rescue plan will take some time to work (AP)
Mon, 06 Oct 2008 22:38:34 GMT
AP - As Wall Street reeled and global markets plunged, President Bush on Monday said the U.S. economy is going to be "just fine" in the long run. But he cautioned that the massive rescue plan will take time to work.

Palin criticizes Obama's ties to Wright, Ayers (AP)
Mon, 06 Oct 2008 22:36:34 GMT
AP - Republican vice presidential candidate Sarah Palin expanded her attack on Democrat Barack Obama's character Monday to include his relationship with an incendiary former pastor as well as his ties to 1960s-era radical Bill Ayers.

Bus driver in fatal California crash is arrested (AP)
Mon, 06 Oct 2008 23:44:45 GMT
AP - A bus driver with a string of motor vehicle offenses and a history of substance abuse was arrested on suspicion of driving under the influence Monday after his casino-bound charter bus ran into a ditch, killing eight people.

6 die in family murder-suicide in upscale LA home (AP)
Mon, 06 Oct 2008 23:07:41 GMT
AP - An unemployed man with an advanced finance degree who was despondent over his own financial problems shot and killed his wife, three children, mother-in-law and then himself in an upscale home in a gated community, police said Monday.

Fan use linked to lower risk of sudden baby death (AP)
Mon, 06 Oct 2008 23:42:48 GMT
AP - Using a fan to circulate air seemed to lower the risk of sudden infant death syndrome in a study of nearly 500 babies, researchers reported Monday.

Unapologetic Plaxico Burress returns to Giants (AP)
Mon, 06 Oct 2008 22:26:40 GMT
AP - An unapologetic Plaxico Burress rejoined the New York Giants on Monday, noting he didn't lose any sleep after the Super Bowl champions suspended him for a game. Burress missed a team meeting two weeks ago without bothering to telephone the Giants.