2008 Woodie Awards
Nation
Bailout becomes law but experts say that's only a small beginning
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NEW YORK - Washington's financial bailout plan is now law. So the credit spigot will start flowing again, banks will resume lending, and an economic recovery can begin, right? Wrong. Experts say the most important thing that needs to happen before the $700 billion bailout even has a chance of working: Home prices must stop falling.
Woman shoots herself to escape debt and eviction
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AKRON, Ohio (AP) - Mortgage finance company Fannie Mae said it is forgiving the mortgage debt of a 90-year-old woman who shot herself in the chest as sheriff's deputies attempted to evict her. Addie Polk's plight was cited by Rep. Dennis Kucinich, D-Ohio, on Friday before the House voted to approve the $700 billion financial rescue package.
Simpson gets isolated prison cell after conviction
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LAS VEGAS - O.J. Simpson is being isolated from other prisoners for his own safety, and is focusing on a motion for new trial and a strong bid for appellate reversal of his conviction for kidnapping and robbery, his lawyer said yesterday. Attorney Yale Galanter told The Associated Press he will continue to pursue a request for Simpson to be released on bond pending appeal.
Palin's new attacks on Obama may be more harmful the helpful
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WASHINGTON - By claiming that Democrat Barack Obama is "palling around with terrorists" and doesn't see the U.S. like other Americans, vice presidential candidate Sarah Palin targeted key goals for a faltering campaign. And though she may have scored a political hit each time, her attack was unsubstantiated and carried a racially tinged subtext that John McCain himself may come to regret.
