The hard-line views expressed by the Iranian president, who will address the UN General Assembly on Tuesday, are informed by a Messianic religious belief.
Warren Buffett?s company, Berkshire Hathaway, will receive preferred shares in Goldman Sachs as part of the bank?s effort to raise $7.5 billion in fresh capital.
Treasury Secretary Henry M. Paulson Jr. warned that if Congress failed to pass the $700 billion plan, it risked causing a recession and increasing joblessness.
AP - Executives whose companies get a piece of the $700 billion government bailout will have their pay packages strictly limited under proposals that are broadly supported by both Republicans and Democrats in Congress.
AP - The Pakistani army said Wednesday it found the wreckage of a suspected U.S. spy plane near the Afghan border, but blamed a malfunction — not ground fire — for the crash.
AP - Major tax legislation that would save 20 million people from the clutches of the alternative minimum tax and renew dozens of popular tax breaks for businesses and individuals is being taken up in the House, where its fate is uncertain.
Republican campaign officials indicated they are finished answering questions about an investigation into Alaska Gov. Sarah Palin's firing of her public safety commissioner, citing a request by a state investigator.
In a blistering speech before the United Nations General Assembly, Iranian President Mahmoud Ahmadinejad blamed "a few bullying powers" for creating the world's problems and said the "American empire in the world is reaching the end of its road." Earlier, he told CNN's Larry King he is willing to meet with the U.S. presidential candidates.
House conservatives Tuesday urged Congress to "take a breath" and consider other alternatives before rushing to pass a $700 billion plan to bail out Wall Street, a measure the White House says must pass by the end of the week.
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