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- www.chron.com
Banks say they're using bailout money for loans (Houston Chronicle) BC-Meltdown-Banks, 4th Ld-Writethru,610 Banks say they're using bailout money for loans Eds: UPDATES throughout with further testimony, detail; SUBS 3rd graf pvs, Zubrow and ..., to CORRECT total four banks have received to $75 billion sted $85 billion. Moving on general news and financial services.
- www.npr.org
Obama's Debt To The 'Moses Generation' (NPR) David Remnick, editor-in-chief of The New Yorker , discusses Obama's debt to the "Moses generation" of American civil rights leaders — activists who made it possible for Obama to lead his own "Joshua generation."
- www.sharecast.com
Update: HSBC bad debt charges jump $700m (ShareCast) LONDON (SHARECAST) - Profit improved at banking titan HSBC during the third quarter despite "unprecedented turbulence" in financial markets, although bad debts leapt by $700m from the previous period.
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