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- Bush says financial rescue plan big enough to work (AP via Yahoo! News)
President Bush said Friday that the government's financial rescue plan was aggressive enough and big enough to work, but would take time to fully kick in. "We can solve this crisis and we will," he said in brief remarks from the White House Rose Garden.
- Candidates Spar Over McCain Plan for Loans (Washington Post)
PORTSMOUTH, Ohio, Oct. 9 -- Democratic presidential candidate Barack Obama on Thursday said rival John McCain's mortgage rescue plan "punishes" taxpayers and rewards lending institutions that created the crisis, while McCain charged that his opponent's response showed a lack of concern for homeowners.
- Harper says mortgage plan to ease credit (Reuters via Yahoo! News)
Prime Minister Stephen Harper said on Friday that a C$25 billion ($21 billion) mortgage plan launched by his government would buffer domestic credit conditions from a global financial crisis that he said was unfolding beyond Canada's control.
- Feds plan to take lead in Smart kidnapping case (CNN)
SALT LAKE CITY, Utah (AP) -- Federal prosecutors say they plan to proceed soon with charges against a man accused of kidnapping Utah teenager Elizabeth Smart in 2002.
- Obama calls McCain mortgage plan ill-advised (Washington Post)
DAYTON, Ohio -- Democrat Barack Obama told Ohio voters Thursday that Republican John McCain's mortgage buyout plan would cost them billions of dollars and reward bad behavior by lenders.
- Harper says mortgage plan not a bailout (Reuters via Yahoo! News)
Prime Minister Stephen Harper said on Friday a plan to buy C$25 billion in mortgage assets from the nation's banks is not a bailout, but a market transaction that will represent no cost to government.
- McCain mortgage plan hit from both sides (UPI)
WASHINGTON, Oct. 10 (UPI) -- John McCain's plan to have the U.S. government buy troubled mortgage loans has drawn criticism from both sides of the political spectrum.
- Public meetings set for proposed Miss. port plan (AP via Yahoo! Finance)
The board overseeing the State Port of Gulfport could vote later this month on an ambitious plan that would greatly expand operations at the facility and help it weather future hurricanes.
- Obama proposes small business rescue plan (UPI)
CHILLICOTHE, Ohio, Oct. 10 (UPI) -- A plan to keep small businesses afloat during the financial crisis was floated Friday by Democratic nominee Barack Obama at an Ohio campaign stop.
- Report: Germany mulls bailout plan (AP via Yahoo! Finance)
A German newspaper reported Friday that the government is working on a British-style rescue plan for its financial sector. The government responded by saying it has a duty to examine "conceivable options" in combating the financial crisis but has reached no conclusions.
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