Reuters - Facing his worst-ever slide due to catastrophic bets on financials, Legg Mason Inc fund manager Bill Miller is toning down his characteristic bold investment style in an attempt to recapture his past glory.

Reuters - Stocks plunged on Monday as the U.S. House of Representatives rejected a $700 billion financial sector bailout plan, renewing fear about frozen world credit markets and the global economy's health.

AP - Financial markets remained on edge Friday after the Bush administration's proposal for a $700 billion banking bailout ran into opposition from Republican lawmakers. Stocks ended mixed, with big financial companies lifting the Dow Jones industrials more than 120 points, but worries about smaller banks and parts of the technology sector taking much of the market lower.

Reuters - The U.S. dollar rose against the euro on Monday as a banking crisis worsened in Europe, while Asian stocks fell 2 percent on questions on the effectiveness of a U.S. government plan to save the financial system from ruin.

Reuters - Private equity firms Bain Capital LLC and Hellman & Friedman LLC were closer to a deal on Sunday night to buy Lehman Brothers Holdings Inc's prized Neuberger Berman unit, two sources familiar with the situation said.

Reuters - U.S. lawmakers prepared to vote on Monday on a $700 billion fund to buy toxic debt as the global financial crisis produced Europe's biggest bank rescue to date.

Reuters - Fortis faced a takeover, break-up or nationalization as European Central Bank President Jean-Claude Trichet held emergency talks on Sunday with Dutch and Belgian ministers to restore faith in the Belgian-Dutch financial group.

AFP - The US Senate Saturday approved 25 billion dollars in loan guarantees for the financially strapped US auto industry, intended to spark a wave of automotive innovation.

Reuters - Fortis faced a takeover or break-up as European Central Bank President Jean-Claude Trichet held emergency talks with Dutch and Belgian lawmakers to restore faith in the Belgian-Dutch financial group.

Reuters - Britain's government will nationalize troubled mortgage lender Bradford & Bingley and is discussing the sale of its savings book and branches, people in the banking industry familiar with the matter said.

Reuters - Congressional leaders locked themselves behind closed doors on Saturday and worked into the night with the aim of nailing down a deal on a $700 billion bank bailout and halting a downward spiral in the worst financial crisis since the Great Depression.

AFP - The US Senate has approved 25 billion dollars in loan guarantees for the financially strapped US auto industry, intended to spark a wave of automotive innovation.

Reuters - Shares of Wachovia Corp and National City Corp tumbled on worries about heavy mortgage losses, as talks on a $700 billion financial sector bailout bogged down and regulators seized Washington Mutual Inc in the largest bank failure in U.S. history.