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    Congress hears Lehman sought millions for execs (AP)

    House Oversight and Government Reform Committee Chairman, Rep. Henry Waxman, D-Mich, right, talks with committee ranking member Rep. Tom Davis, R-Va., during a hearing on Capitol Hill  in Washington, Monday, Oct. 6, 2008, on the collapse of Lehman Brothers.  Days from becoming the largest bankruptcy in U.S. history, Lehman Brothers steered millions to departing executives even while pleading for a federal rescue, Congress was told Monday. Waxman said Lehman was 'a company in which there was no accountability for failure.' (AP Photo/Susan Walsh)AP - Days from becoming the largest bankruptcy in U.S. history, Lehman Brothers steered millions to departing executives even while pleading for a federal rescue, Congress was told Monday.


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    Mon, 06 Oct 2008 18:36:24 GMT - Yahoo! News: Top Stories
    Dow plunges 800 points amid global sell-off (AP)

    Traders work on the New York Stock Exchange floor, Monday Oct. 6, 2008. Wall Street tumbled again Monday, joining a sell-off around the world as fears grew that the financial crisis will cascade through economies globally despite bailout efforts by the U.S. and other governments. (AP Photo/Richard Drew)AP - Wall Street suffered through another traumatic session Monday, with the Dow Jones industrials plunging as much as 800 points and setting a new record for a one-day point drop as investors despaired that the credit crisis would take a heavy toll around the world. The Dow also fell below 10,000 for the first time since 2004, and all the major indexes fell more than 7 percent.


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    Mon, 06 Oct 2008 18:55:58 GMT - Yahoo! News: Top Stories
    Sixty-five dead as Kyrgzstan quake razes village (AFP)

    File picture shows a checkpoint on the Kyrgyzstan-China border. A strong earthquake hit Kyrgyzstan, killing 65 people mainly in a remote village near the border with China that rescuers were racing to reach, officials said Monday.(AFP/File)AFP - A strong earthquake hit Kyrgyzstan, killing 65 people mainly in a remote village near the border with China that rescuers were racing to reach, officials said Monday.


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    Mon, 06 Oct 2008 08:37:48 GMT - Yahoo! News: Top Stories
    Stocks slide as Germany moves to shore up bank confidence (AFP)

    German Chancellor Angela Merkel (centre) and German Finance Minister Peer Steinbrueck give a statement to journalists at the Chancellory in Berlin. Germany guaranteed all bank savings and stepped in with the biggest bank rescue in the country's history, as the world financial crisis showed no sign of easing.(AFP/DDP/Rainer Jensen)AFP - Germany guaranteed all bank savings and stepped in with the biggest bank rescue in the country's history, as the world financial crisis showed no sign of easing.


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    Mon, 06 Oct 2008 07:41:07 GMT - Yahoo! News: Top Stories
    Sri Lanka suicide bomb kills 26 including politician (Reuters)

    Police and army personnel gather at the site of a suicide bomb explosion in north-central Anuradhapura October 6, 2008. (Stringer/Reuters)Reuters - COLOMBO (Reuters) -- A Sri Lankan suicide bomber killed 26 people at an ancient tourist town on Monday, including a popular retired army general who was the main opposition party's provincial leader.


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    Mon, 06 Oct 2008 07:40:27 GMT - Yahoo! News: Top Stories
    Biden cancels campaign events for another two days (Reuters)

    Democratic vice presidential nominee Senator Joe Biden makes a point during his vice presidential debate with Republican vice presidential nominee Alaska Governor Sarah Palin at Washington University in St. Louis, Missouri, October 2, 2008. (Carlos Barria/Reuters)Reuters - With a month to go before the U.S. election on November 4, Democratic vice presidential nominee Joe Biden canceled campaign events for another two days on Sunday after the death of his mother-in-law.


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    Mon, 06 Oct 2008 04:28:08 GMT - Yahoo! News: Top Stories
    Bus with gamblers flips in California, 10 dead (Reuters)
    Reuters - A bus traveling to a casino in northern California ran off a rural road and overturned, killing at least 10 people, the San Francisco Chronicle and other media reported on Monday. -- read full article
    Mon, 06 Oct 2008 08:34:24 GMT - Yahoo! News: Top Stories
    Eli Lilly set to buy ImClone for $6.1 billion: sources (Reuters)

    A laboratory researcher in a file photo. (File/Reuters)Reuters - ImClone Systems Inc has agreed to be acquired by Eli Lilly and Co for about $6.1 billion after rebuffing a sweetened takeover offer from Bristol-Myers Squibb, sources familiar with the situation said on Monday.


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    Mon, 06 Oct 2008 05:16:59 GMT - Yahoo! News: Top Stories
    Paulson to name adviser to oversee U.S. bailout: paper (Reuters)

    U.S. President George W. Bush (L) stands with Treasury Secretary Henry Paulson, after thanking Treasury workers for their efforts after the House passed the $700 billion financial rescue legislation, outside the Treasury Building in Washington, in this recent photo from October 3, 2008. (Mike Theiler/Reuters)Reuters - U.S. Treasury Secretary Henry Paulson is expected to name Neel Kashkari to oversee the $700 billion program to buy distressed assets from financial institutions, The Wall Street Journal reported on Sunday.


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    Mon, 06 Oct 2008 03:02:56 GMT - Yahoo! News: Top Stories
    Obama accuses McCain of smear campaign (Reuters)

    Democratic presidential nominee Senator Barack Obama speaks during a campaign rally in Asheville, North Carolina, October 5, 2008. (Jason Reed/Reuters)Reuters - Democrat Barack Obama counterattacked on Sunday against a new Republican tactic by saying rival John McCain was more interested in a smear campaign than fixing the U.S. economy.


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    Mon, 06 Oct 2008 08:16:51 GMT - Yahoo! News: Top Stories
    Fed moves to broker deal for Wachovia: sources (Reuters)

    Men walk past a branch of Wachovia Bank in Washington, October 3, 2008. (Mitch Dumke/Reuters)Reuters - The U.S. Federal Reserve is brokering discussions between Wells Fargo & Co and Citigroup Inc over which of the banks will buy Wachovia Corp's assets, people familiar with the matter said on Sunday.


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    Mon, 06 Oct 2008 07:53:00 GMT - Yahoo! News: Top Stories
    Guarantees, cash injections offer scant reassurance (Reuters)

    A pedestrian passes the entrance to German lender Hypo Real Estate bank in Berlin, September 30, 2008. (Pawel Kopczynski/Reuters)Reuters - More European governments followed Germany's lead on Monday offering blanket deposit guarantees to savers in a frantic effort to calm fears among investors over the worst financial crisis in 80 years.


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    Mon, 06 Oct 2008 08:19:54 GMT - Yahoo! News: Top Stories
    Napoli helps Angels beat Red Sox 5-4, avoid sweep (AP)

    Boston Red Sox pitcher Josh Beckett waits for a new ball as Los Angeles Angels' Mike Napoli, left, rounds the bases after he hit a two-run home run in the third inning of Game 3 of baseball's American League division series in Boston, Sunday, Oct. 5, 2008. (AP Photo/Charles Krupa)AP - After 11 consecutive losses and two straight playoff sweeps, the Los Angeles Angels had grown tired of being a bump in Boston's road to the World Series.


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    Mon, 06 Oct 2008 07:41:17 GMT - Yahoo! News: Top Stories
    Jimmy Kimmel returns as American Music Awards host (AP)

    In an April 3, 2008 file photo Jimmy Kimmel poses on the press line at the Jimmy Kimmel Show 1000th Episode Party.     Kimmel is slated to host the American Music Awards  on Nov. 23, 2008.  (AP Photo/Dan Steinberg/file)AP - Jimmy Kimmel is coming back to provide more laughs for the American Music Awards.


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    Mon, 06 Oct 2008 08:32:09 GMT - Yahoo! News: Top Stories
    Doctors: No hamsters or exotic pets for young kids (AP)

    In this Feb. 3, 2001 file photo, a hedgehog curls up in the hands of its owner at a hedgehog club exhibit in Anchorage, Alaska. Hedgehogs can be dangerous for young children because their quills can penetrate skin and have been known to spread a bacteria germ that can cause fever, stomach pain and a rash, according to the American Academy of Pediatrics in a new report about dangers from exotic animals. (AP Photo/Al Grillo, File)AP - Warning: young children should not keep hedgehogs as pets — or hamsters, baby chicks, lizards and turtles, for that matter — because of risks for disease.


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    Mon, 06 Oct 2008 07:36:24 GMT - Yahoo! News: Top Stories
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