CNN news 2008-10-08 加文本
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Hello to you I'm Stacey Elgin at the
A radical move to try to thaw out the frozen credit market. The government says it will buy huge amounts of short-term business debt. The practice has come to a standstill since the current financial meltdown. The Fed hopes the move will kick-start short-term loans and help to unfreeze longer-term credit.
Taking a look once again at the live pictures from Congress grilling AIG executives about why the company went south. The government is propping up the massive insurance company with an 85-billion-dollar loan. Documents obtained by a Democratic-led House Committee show AIG executives hid their increasingly risky investments from company auditors. Not at the hearing today was AIG's biggest single shareholder, former CEO Maurice Greenberg says he is sick.
Police say financial problems led a California man to kill his family then himself. His body was found yesterday in his
A federal judge in
Well it's exactly four weeks until Election Day but only hours until tonight's presidential debate in
And that's a look at the latest headlines for you this hour, do be sure to stay with cnn for more on these stories and of course other news of the day.