Yahoo - "Troubled bailout talks restarted -- with urgency" (9-26-08)

"The Bush administration and Congress anxiously revived negotiations on a $700 billion financial bailout on Friday, one day after the largest bank collapse in U.S. history provided a brutal reminder of the risks of failure."

Bloomberg - "FDIC May Need $150 Billion Bailout as More Banks Fail" (9-26-08)

"Deborah Horn tugs on the handle of the glass-paned entrance of the IndyMac Bancorp Inc. branch in Manhattan Beach, California. The door won't budge. The weekend is approaching, and Horn, 44, the sole breadwinner in a family of three, needs cash. A small notice taped to the window on this Friday afternoon in mid-July tells her why she's been locked out. IndyMac has failed, the single-spaced, letter-sized paper says; the bank is now in the hands of the Federal Deposit Insurance Corp."

Bloomberg - "Wall Street Executives Made $3 Billion Before Crisis" (9-26-08)

"Democrats and Republicans in Congress are demanding that limits be placed on executive pay as part of the $700 billion financial rescue plan proposed by U.S. Treasury Secretary Henry Paulson. The former Goldman Sachs Group Inc. CEO, who received about $111 million between 2003 and 2006, said in testimony to Congress on Sept. 24 that he would accept such limits as part of the plan, after initially opposing them."

Bloomberg - "Wachovia Slumps After WaMu's Seizure, Bailout Impasse" (9-26-08)

"Wachovia Corp. and National City Corp. slumped after negotiations on the government's financial bailout stalled and Washington Mutual Inc. was seized by regulators and sold to JPMorgan Chase & Co."

Yahoo - "KB Home 3Q loss widens as housing slump drags on" (9-26-08)

"KB Home, one of the nation's largest home builders, said Friday its third-quarter loss quadrupled from the year-ago period, missing Wall Street's expectations as revenue plunged by 56 percent amid falling sales and home prices."

Bloomberg - "Barclays Takes Lease on Lehman Headquarters for $960 Million" (9-26-08)

"Barclays PLC agreed to assume Lehman Brothers Holdings Inc.'s lease at the bankrupt investment bank's Times Square headquarters for $960 million, New York City records show. The third-biggest U.K. bank, which agreed on Sept. 16 to buy Lehman's North American investment banking and some trading and research operations, agreed to take over payments the bankrupt firm was making to Rockefeller Group Inc. which owns the land underneath 745 Seventh Ave. Lehman owned the 32-story, 1.05 million square-foot tower."

Realty Times - "Reversing Trend, Mortgage Rates Shoot Up This Week" (9-26-08)

"Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.09 percent with an average 0.7 point for the week ending September 25, 2008, up from last week when it averaged 5.78 percent. Last year at this time, the 30-year FRM averaged 6.42 percent."

Realty Times - "Five Key Areas to Pay Attention to When Buying a Home" (9-26-08)

"Looking for a new home can be exciting and frustrating. You can help alleviate the frustration by paying close attention to five key areas of the homes you're considering buying; it may save you money in the long run."