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  1. In this Sept. 26, 2008 file photo, a woman passes a branch entrance near the headquarters of Washington Mutual Inc., in downtown Seattle. WaMu, one of the nation's largest banks, was seized by the Federal Deposit Insurance Corp. Thursday, and then sold to JPMorgan Chase & Co. (AP Photo/Ted S. Warren, File)
    AP IMPACT: They warned us, but US eased loan rules AP - Mon Dec 1, 4:26 PM ETRecommended 777 times

    WASHINGTON - The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents.

  2. In this photo released by KATV Television, news anchor Anne Pressly, is shown in a June 26, 2008, photo in Little Rock, Ark. Pressly died Oct. 25, 2008 as a result of an Oct. 20 attack, and Little Rock Police named a suspect in the case Wednesday, Nov. 26, 2008. (AP Photo/KATV Television)
    Parents: Slain anchorwoman was sexually assaulted AP - 58 minutes agoRecommended 393 times

    LITTLE ROCK, Ark. - A television anchorwoman killed in her home had been sexually assaulted and beaten so badly in a suspected burglary that her jaw shattered and she broke a hand while trying to fend off her attacker's blows, her parents said Monday.

  3. In thgis Nov. 18, 2008 file photo, Paul Nawrocki, from Beacon, N.Y., wears a sign as he looks for work near the David Letterman studios in New York. The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday. (AP Photo/Bebeto Matthews, File)
    It's official: US has been in a recession all year AP - Mon Dec 1, 6:41 PM ETRecommended 306 times

    WASHINGTON - It's official. The U.S. economy has been in a recession for the past year.

  4. This undated file photo provided by the Illinois Department of Corrections shows Jennifer Hudson's estranged brother-in-law William Balfour. Balfour has been arrested Monday, Dec. 1, 2008 in Illinois in the deaths of the singer's mother, brother and 7-year-old nephew. (AP Photo/Illinois Department of Corrections)
    Estranged relative arrested in Hudson killings AP - 56 minutes agoRecommended 304 times

    CHICAGO - Police arrested the estranged brother-in-law of Jennifer Hudson on Monday in the deaths of the entertainer's mother, brother and young nephew, taking him from a prison where he had been held on a suspected parole violation.

  5. U.S. Secretary of State Condoleezza Rice smiles during a press conference with Britain's Foreign Secretary David Miliband after their meeting in London, Monday, Dec. 1, 2008. President-elect Barack Obama announced Monday that Hillary Rodham Clinton will be the next Secretary of State. (AP Photo/Akira Suemori)
    Rice says she won't give Clinton too much advice AP - Mon Dec 1, 4:22 PM ETRecommended 275 times

    LONDON - Happily contemplating another woman as the top U.S. diplomat, Secretary of State Condoleezza Rice said Monday she will offer advice, privately, and then get out of the way.

  6. US President George W. Bush speaks at the Saddleback Civil Forum on Global Health at the Newseum in Washington, DC. Bush said in an interview set for broadcast Monday that he came to office "unprepared for war" and that his "biggest regret" was the US intelligence failure on Iraq.(AFP/Mandel Ngan)
    Bush: Iraq intelligence failure 'biggest regret' AFP - Mon Dec 1, 4:31 PM ETRecommended 242 times

    WASHINGTON (AFP) - US President George W. Bush said in an interview set for broadcast Monday that he came to office "unprepared for war" and that his "biggest regret" was the US "intelligence failure" on Iraq.

  7. Michael Lipsitz signs his credit card bill for the groceries he purchased at the WalMart in Crossville, Tennessee March 21, 2008. (Brian Snyder/Reuters)
    Credit-card industry may cut $2 trillion lines: analyst Reuters - Mon Dec 1, 12:38 PM ETRecommended 225 times

    (Reuters) - The U.S. credit-card industry may pull back well over $2 trillion of lines over the next 18 months due to risk aversion and regulatory changes, leading to sharp declines in consumer spending, prominent banking analyst Meredith Whitney said.

  8. Speaker of the House Rep. Nancy Pelosi speaks during a news conference in the U.S. Capitol in Washington November 21, 2008. (Molly Riley/Reuters)
    House to push $500 billion stimulus bill Reuters - Mon Dec 1, 3:09 PM ETRecommended 223 times

    WASHINGTON (Reuters) - U.S. House of Representatives Speaker Nancy Pelosi met leading governors on Monday to discuss the size and shape of an economic stimulus package that one Democratic aide said was likely to cost around $500 billion.

  9. Moshe Holtzberg, the 2-year-old orphan of the rabbi and his wife slain in the Mumbai Jewish center, cries during a memorial service at a synagogue in Mumbai, India, Monday, Dec. 1, 2008. Holtzberg will fly to Israel Monday on an Israeli Air Force jet with his parents' remains and the Indian woman who rescued him, an Israeli Foreign Ministry spokesman said. (AP Photo)
    Orphan of slain rabbi in Mumbai lands in Israel AP - Mon Dec 1, 6:28 PM ETRecommended 222 times

    JERUSALEM - The cries of little Moshe Holtzberg wounded hearts Monday at a tearful memorial for his parents in India. "Mommy, mommy, mommy!" he wailed, clutching a toy basketball while squirming in the arms of mourners at the Mumbai synagogue.

  10. File photo shows President-elect Barack Obama during a news conference in Chicago November 26, 2008. (John Gress/Reuters)
    5 things the war Cabinet says about Obama Politico - Mon Dec 1, 9:18 AM ETRecommended 221 times

    President-elect Obama made official the worst-kept secret in Washington this morning: that his national security team will be headlined by a bitter political rival (Clinton) and a member of President Bush’s war cabinet (Gates).

  11. Alaska Gov. Sarah Palin, at podium, campaigns for Sen. Saxby Chambliss, R-Ga., right, in Atlanta on Monday, Dec. 1, 2008. Palin urged Georgia voters to back Chambliss in Tuesday's runoff in an election eve appeal that underscored her popularity within the Republican Party and the GOP's efforts to stave off erosion of its shrinking Senate numbers. (AP Photo/Jenni Girtman)
    Palin urges Ga. voters to back Chambliss in runoff AP - 56 minutes agoRecommended 202 times

    AUGUSTA, Ga. - Alaska Gov. Sarah Palin urged Georgia voters to back Sen. Saxby Chambliss in Tuesday's runoff in an election eve appeal that underscored her popularity within the Republican Party and the GOP's efforts to stave off erosion of its shrinking Senate numbers.

  12. Traders work on the floor of the New York Stock Exchange, Monday, Dec. 1, 2008. (AP Photo/Richard Drew)
    Down we go again: Fourth-worst drop ever for Dow AP - Mon Dec 1, 6:04 PM ETRecommended 169 times

    NEW YORK - The stock market suffered one of its worst days since the financial meltdown Monday, slicing 680 points off the Dow Jones industrial average as Wall Street snapped out of its daydream of a rally and once again faced the harsh reality of a recession.

  13. People walk through a flooded street in Venice. Venice suffered its worst flooding in 22 years as water in the Renaissance city stood more than 1.5 metres (five feet) deep before beginning to recede.(AFP/Andrea Pattaro)
    Venice suffers worst flooding in 22 years AFP - Mon Dec 1, 7:58 AM ETRecommended 168 times

    VENICE, Italy (AFP) - Venice suffered its worst flooding in 22 years on Monday as water in the Renaissance city stood more than 1.5 metres (five feet) deep before beginning to recede.

  14. President George W. Bush participates in the Saddleback Civil Forum on Global Health at the Newseum on Monday, December 1, 2008, in Washington. (AP Photo/Evan Vucci)
    Bush sorry economic crisis has cut jobs, 401 (k)s AP - 56 minutes agoRecommended 165 times

    WASHINGTON - President George W. Bush expressed remorse that the global financial crisis has cost jobs and harmed retirement accounts and said he'll back more government intervention if needed to ease the recession.

  15. Birmingham Mayor Larry P. Langford in an undated photo. (Handout/Reuters)
    Alabama mayor arrested on bribery, fraud charges AP - 28 minutes agoRecommended 161 times

    BIRMINGHAM, Ala. - The mayor of Alabama's largest city was arrested Monday on charges of steering millions of dollars of bond work to a friend in exchange for more than $230,000 in bribes to pay for an expensive wardrobe and flashy jewelry.

  16. President-elect Barack Obama and Senator Hillary Clinton wave to the crowd during a campaign rally in Orlando, Florida October 20, 2008. (Jim Young/Reuters)
    Evolution of the Obama-Clinton connection Politico - Mon Dec 1, 4:39 AM ETRecommended 132 times

    CHICAGO – When Sen. Hillary Clinton joins President-elect Barack Obama in Chicago today for the rollout of his foreign policy team, with her as secretary of State, it will mark the latest evolution in a fast-changing relationship that began just four years ago, when she was the junior senator from New York and former first lady and he was an Illinois state senator on his way up.

  17. President and CEO of the Ford Motor Company Alan Mulally testifies before the House Financial Services Committee on Capitol Hill November 19, 2008 in Washington, DC. Chastened executives from the Big Three US carmakers will return to Washington this week in a bid to convince lawmakers that their companies are worth saving with 25 billion dollars in government-backed low-cost loans.(AFP/Getty Images/File/Chip Somodevilla)
    Goodbye, jets: Ford CEO will make trip to D.C. in a car Politico - Mon Dec 1, 4:31 PM ETRecommended 104 times

    Forget the corporate jets. 

  18. Stranded long-finned pilot whales on a beach near Sandy Cape, Tasmania are seen in this handout photograph obtained December 1, 2008. More than 150 long-finned pilot whales were found dead on Saturday on a rocky stretch of coast at Sandy Cape. Rescuers have shepherded more than 30 pilot whales from Tasmania's west coast after the state's biggest stranding in almost 20 years. (Parks and Wildlife Service/Handout/Reuters)
    150 whales die in stranding off Australian coast Reuters - Mon Dec 1, 9:28 AM ETRecommended 97 times

    SYDNEY (Reuters) - At least 150 whales have died in a mass stranding off Tasmania's west coast, Australian authorities said on Sunday, despite the efforts of rescuers who managed to shepherd a small number back to the ocean.

  19. In this image released by Jive Records, the latest CD for Britney Spears, 'Circus,' is shown. (AP Photo/Jive Records)
    Second Spears comeback almost as good as the first AP - Mon Dec 1, 12:15 PM ETRecommended 94 times

    Britney Spears, "Circus" (Jive)

  20. People wade through high water by Venice's Rialto Bridge, northern Italy, Monday, Dec. 1, 2008. Water in Venice has risen to its highest level in more than 20 years, leaving much of the Italian city under floods and forcing residents and tourists to wade through knee-high water. City officials say the sea level topped 156 centimeters (61 inches) on Monday, well past the 110 centimeter (40 inch) flood mark, with most streets submerged. (AP Photo/Luigi Costantini)
    Highest tide in 20 years floods historic Venice AP - Mon Dec 1, 3:55 PM ETRecommended 93 times

    VENICE, Italy - Venice could use a bailout. The city built on water has too much of it.

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