Leaders in the House of Representatives say they'll call for a vote today on the reworked $700 billion bailout bill. Debate began this morning.

Wachovia's off the block. Wells Fargo is buying the bank for $15.1 billion in stock. So much for Citigroup's bid.

California says it might need a $7 billion emergency loan from the federal government in the next few weeks. The LA Times has the scoop.

Employers whacked another 159,000 jobs last month -- the most in more than five years, but not enough to change the umemployement rate of 6.1 percent.

categories: Morning Report

11:00 - October 3, 2008

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