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Lehman sought millions for execs while seeking aid |
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.
Southern Ledger -
October 6, 2008 |
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Nobels awarded for AIDS, cancer virus research |
Two French scientists who discovered the AIDS virus and a German who defied convention in showing a viral cause for cervical cancer shared the Nobel Prize in medicine Monday for breakthroughs that have led to lifesaving drugs and a vaccine.
Southern Ledger -
October 6, 2008 |
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Hopper stars in Starz series Crash |
With a raft of weird roles to his credit, Dennis Hopper might well yawn about playing another wacko. Yet Hopper is totally tickled by his outrageous new alter ego, freaky Los Angeles music producer Ben Cendars in the Starz series "Crash."
Southern Ledger -
October 6, 2008 |
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Dow finishes below 10,000 for first time since 04 |
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.
Southern Ledger -
October 6, 2008 |
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Dow plunges below 10,000 lowest level since 2004 |
Wall Street tumbled Monday, joining a selloff 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. The credit market remained under strain, and investors piled into government bonds. The Dow Jones...
Southern Ledger -
October 6, 2008 |
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Dow plunges 700 points amid global sell-off |
Despair about a weakening global economy is sweeping across Wall Street, propelling the Dow Jones industrials down more than 700 points. Investors around the world have been selling off stocks as they come to realize that financial systems in the United States and other countries need more than gove...
Southern Ledger -
October 6, 2008 |
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