The financial turmoil has left Washington in the midst of a convulsion that both parties are struggling to understand and keep from turning against them.
AP - Deep-seated racial misgivings could cost Barack Obama the White House if the election is close, according to an AP-Yahoo News poll that found one-third of white Democrats harbor negative views toward blacks — many calling them "lazy," "violent" or responsible for their own troubles.
AP - Faltering financial institutions whose toxic assets have brought markets to the brink of catastrophe could unload their bad debt on the government, and in turn the taxpayer, under a half-trillion dollar bailout being crafted by the Bush administration and Congress.
AP - A bankruptcy judge approved a plan just after midnight Saturday under which Lehman Brothers will sell its investment banking and trading businesses to Barclays.
Stocks rallied today, with the Dow rising 369 points, as the government's plan to help rescue banks from toxic mortgage debt soothed investors at the end of a gut-churning week on Wall Street, CNNMoney.com reports. The two-day percentage gain was just under 7.4 percent and the biggest since October 2002, according to Dow Jones.