Stocks sink on bailout plan worries, oil surge

Date: Mon, 22 Sep 2008 17:04:48 -0400
U.S. stocks sink on bailout plan worries, oil surge

Stocks give back some of their sharp gains from Friday, as the market
started digesting details of a $700 billion plan to take the bad assets
off ailing financial firms' balance sheets to stem the yearlong credit
crisis.

McCain, Obama trade barbs on financial rescue plan

The presidential candidates trade barbs on the campaign trail over the
nation's financial-rescue plan, with each accusing the other of inaction
and of failing to grasp what's needed in the crisis.

The end of Wall Street may mean less profit for Goldman, Morgan

For Goldman Sachs and Morgan Stanley, the benefits of being bank holding
companies may come at a cost.

Short-sale ban list expanded to include GE, GM, 28 others

Pushing on to shore up the markets, the list of banned short-sale stocks
has been expanded to include the likes of blue chips General Electric,
General Motors and American Express.

Microsoft sets largest-ever buyback plan; H-P, Nike follow suit

MIcrosoft annouces $40 billion share buyback, the largest on record.
Nike and Hewlett-Packard also approve repurchases.