A melted rim from a burned vehicle is seen as firefighters work to contain a wildfire fuelled by strong winds in the Sylmar area of Los Angeles November 15, 2008. (REUTERS/Phil McCarten)
California Wildfires: Boston Globe's Alan Taylor posts 35 hi-def photos from the California Wildfires on the Big Picture BlogBailout Blues: Treasury's Paulson vs FDIC's Bair vs Congress. Rough closed door session up in DC today
Homebuilders: The Homebuilder Index (measures Homebuilder's confidence) today hit its lowest low of all time . . . a measly "9"
Automakers: CEO of GM, Rick Wagoner, says the US Economy will suffer a "catastrophic collapse'' if domestic carmakers fail (Rock's note: Wait, haven't they already failed?)
Automakers: GM Honcho's perks of expensive & cheap cars a sign of arrogance and waste. Will they be cut in any bailout?
Health: Nestle's Recalls 900,000 Pounds of Lean Cuisine. Blue plastic found inside some servings has injured one.
Business: Minyanville Op-Ed asks "Could GE Collapse?"
Global Economy: Mish - Deflation Hits The UK; Free Money In Japan
Economy: Paulson, the newest convert to regulating the hedge fund industry.
Economy: Did Paulson mislead Congress on the Bailout early on?
Economy: Record losses for giant Pension Funds
Business: Dutch bank Aegeon may buy a US Thrift so it can get bailout money
Piracy: Saudi Arabia brands pirates as "terrorists". See video here titled "Why military force alone cannot get rid of piracy.
Piracy: Danish oil ship hijacked for 30 hours off coast of Nigeria, then released.
Piracy: Honk Kong grain ship bound for Iran hijacked in the Gulf of Aden
Retail: Gift Cards, the gift which might quit giving.
Credit Cards: Issuers cut credit limits, squeezing hard pressed consumers
Detroit: City's budget defecit could top $200 million
Virginia: The Old Dominion catches and readies to deport 171 convicted illegal immigrant sex offenders.
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