Asian markets mixed after Australia's big rate cut (AP)

Pedestrians look at a stock indicator in Tokyo Tuesday, Oct. 7, 2008. Japanese shares fell sharply in early trade Tuesday, briefly sending the country's benchmark index to its lowest level since December 2003. (AP Photo/Koji Sasahara)AP - Asian markets showed signs of life Tuesday as investors cheered a big interest rate cut by the Australian central bank aimed at alleviating the unfolding global credit crisis that has battered global markets.



Fed eyes plan to fund short-term business loans (AP)

US Federal Reserve Chairman Ben Bernanke testifies before the House Financial Services Committee on Capitol Hill in Washington in September 2008. US authorities Friday vowed to work swiftly to implement a historic 700-billion dollar economic rescue package, as they were pressed to also reach out quickly to struggling homeowners.(AFP/File/Nicholas Kamm)AP - The government is weighing a bold plan to buy massive amounts of unsecured short-term debts in a dramatic effort to break through a credit clog that is imperiling the economy.



Lehman sought millions for execs while seeking aid (AP)

Lehman Brothers Holdings Inc. Chief Executive Richard S. Fuld Jr., wearing tie, is heckled by protesters as he leaves Capitol Hill in Washington after testify before the House Oversight and Government Reform Committee Monday, Oct. 6, 2008, on the collapse of Lehman Brothers. (AP Photo/Susan Walsh)AP - 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.



Character attacks emerge in McCain-Obama race (AP)

Republican presidential candidate, Sen. John McCain, R-Ariz., participates in a rally in Albuquerque, N.M., Monday, Oct. 6, 2008.  McCain is scheduled to debate Democratic rival Barack Obama in the second of three presidential debates.  (AP Photo/Gerald Herbert)AP - The two men who supposedly exemplified a different kind of politics are engaged in an increasingly bitter campaign as character attacks are emerging to compete with issues like the troubled economy.



Prosecutors move to delay Rezko sentencing (AP)

In this Wednesday, June 4, 2008 file photo, Antoin 'Tony' Rezko returns to the Federal Courthouse where a jury found him guilty on 16 counts of a 24-count indictment in his corruption trail  in Chicago. Federal prosecutors moved Monday, Oct. 6, 2008 to delay indefinitely the sentencing of convicted fundraiser Antoin 'Tony' Rezko, sending their strongest hint yet that he is ready to spill his political secrets. (AP Photo/Charles Rex Arbogast)AP - Federal prosecutors moved Monday to delay indefinitely the sentencing of convicted fundraiser Antoin "Tony" Rezko, sending their strongest hint yet that he is ready to spill his political secrets.





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