Bailout fraught talks stall on $700 billion rescue plan
Washington AP dispatch details frantic last minute negotiations over a $700 billion financial rescue. Treasury Secretary Paulson and Fed Chair Bernanke raced to Capitol Hill as lawmakers debated terms and conditions, with White House meetings failing to present a united front. Concerns from conservative Republicans grew about the price tag and government intervention, while Cantor proposed insurance style options to shift burden onto Wall Street. The economy teeters amid bank failures and recession fears as talks press into the night.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Henry Paulson
Federal Reserve
Ben Bernanke
Capitol Hill
Bush
Congress
Congressional
Richard Shelby
Alabama
Senate Banking Committee
White House
U.S
Eric Cantor
R-Va
Wall Street
Crews Switch Power From Old Pole To New Pole
Crews swapped the primary lines to a new pole using a crane to remove the old one. Transformers were lowered into place and connected, with linemen aligning house and transformer wiring and checking meter orientation. Officials warned about backfeed risks and required proper gaps and meter checks before restoring service after damage from debris and storms.
MENTIONED IN THIS ARTICLE
Fong
Estevanico killed by Native warriors after spy suspicions
The account recalls Estevanico’s capture by Native Americans who suspected him of spying for Spain and his death at their hands the next day. It notes hurricanes shaping Texas coastal legends and mentions Baytown resident Ray Wilson, a retired Exxon process supervisor, reachable at ravehasen comcast.net.
MENTIONED IN THIS ARTICLE
Estevanico
Galveston
Texas
Baytown
Ray Wilson
Exxon
Ravehasen
Comcast.net
Finley recaps fraud claim tied to Ike aftermath
Baytown Sun editor Jim Finley recounts a financial scam where a man named Chuck was deemed legitimate, and the author notes a $125 theft from a small bank account. The piece expresses frustration at the $125 loss and ends with a grim outlook linked to Hurricane Ike and faith that justice will come.
MENTIONED IN THIS ARTICLE
Chuck
Reggie
Also Mentioned on This Page
Bernanke
Capitol
Jennifer Loven
Julie Hirschfeld
DAVIS
Associated Press
John McCain
Barack Obama
House
John Boehner
McCain
Obama
Senate
Mitch McConnell
Ed Russell
Russell
Wilson
Finley
Jim Finley
The
Baytown Sun
Tri-Cities Beach RD
N. Alexander Baytown
Coms.com
Wai Ay
Sta
Samsung
Hitachi
Mitsubishi
Toshiba
SONY
Samsung Ajy
Frigidaire
Fina
Monogram
Whalen Aiy
KODAK
Sony Ajy
Reg
Ween
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