Cut to the News

Sunday, September 21, 2008

LEADING THE NEWS

Olmert Resigns as Israeli PM . . . Will support Tzipi Livni, successor anointed by Kadima party. Haaretz
Feds Seeking $700 Million for Bailout . . . Democrats say they will try to add provisions to request despite Bush call for swift passage. Wall Street Journal
Al Qaeda Suspected in Pakistan Bombing . . . Dozens Killed in attack on Marriott in Islamabad. Reuters

POLITICS

McCain, Obama on Spending Spree . . . Campaigns plow through $94 million in August, mostly in about a dozen key states. Wall Street Journal
Presidential Debates to be Free Flowing Affairs . . . But McCain camps gets much more structured format for VP debate.
New York Times
Both Teams Quietly Plan Transition . . . Former Clinton chief of staff Podesta leading effort for Obama, Washington lobbyist Timmons for McCain. New York Times
Obama, McCain, Bone Up on Economics . . . Both seeking counsel as they focus campaigns on crisis. Washington Post
McCain's Nomadic Life . . . His story is a profile of courage and adaptation. San Francisco Chronicle
Cheney Must Preserve Records . . . White House wanted narrower ruling on need to comply with law. CNN

NATIONAL SECURITY

Video: Suicide Bomber Attacks Hotel . . . Security video shows large truck crashing into security gate. CNN
Ahmadinejad: Sanctions Have Not Worked . . . Threatens action to stop attack before it occurs. Reuters
Osama Bin Laden, Wedding Poet . . . Public Enemy #1 was once a much sought after-dinner wedding speaker. Times (UK)

BUSINESS

The Bailout Plan: FAQ . . . There's reason to hope that the tab will be less than $700 billion. Arguable that those of modest means are bailing out the rich. New York Times
SEC Investigating Manipulation of Financial Stocks . . .
Will require hedge fund managers, brokerages and institutional investors to describe under oath their bets. Bloomberg
Mixed Reviews of Treasury Proposal . . . Taxpayers on the hook in a potentially huge way. Plan could have unintended effects.
San Francisco Chronicle
Old and Tired? Keep Working! . . . Delaying retirement may be best bet amid economic turmoil. Los Angeles Times

WORLD NEWS

Chinese Leaders Scrambling to Reassure . . . Contaminated milk crisis seen as challenge to communist leadership. Associated Press
Nightclub Fire in China Kills at Least 43 . . . Blaze triggered by fireworks ignited during the show. Associated Press
ANC Facing Split After Mbeki Ouster . . . Former Mbeki protege and current foe Jacob Zuma is frontrunner to win the next presidential election. Reuters
Palestinian Civil War Threatened . . . Palestinian Authority general threatens to attack Hamas to recoup Gaza. Haaretz

YOU MUST ALSO KNOW . . .

Acai Assault . . . Global wonderberry's antioxidant traits and supposed Viagra-like powers make it a smoothie hit, but it may spell trouble for rain forest. Los Angeles Times
Surgery Through Body's Orifices on the Rise . . . No cutting at all takes "minimally invasive" to new level. Gallbladder removed through the mouth. Washington Post
A Farewell to Yankee Stadium . . . Twenty greatest moments in history of soon-to-be-demolished landmark. Final game tonight.
New York Post
Evangelist's Compound in Arkansas Raided . . . Police want to know whether children have been physically or sexually abused. CNN
Brain Cancer Risk Rises for Kids Who Use Cell Phones . . . Children and teens five times more likely to get brain cancer if they use mobile phones, study says. Independent

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