U.S. stock market welcomes bailout plan; indexes off early highs

Date: Fri, 19 Sep 2008 17:03:51 -0400
U.S. stock market welcomes bailout plan; indexes off early highs

U.S. stock indexes rocket higher, with the major stock indexes wiping
out a week of shattering losses, as Wall Street cheers the government's
effort to unfreeze credit markets as well as the plans to move against
short sellers.

Companies try to scramble aboard SEC short selling lifeboat

SAN FRANCISCO
Several companies tried to climb aboard the Securities and Exchange
Commission's short selling lifeboat on Friday.

U.S. readies broad rescue plan for financial crisis

The U.S. government begins to spell out a broad-based plan to rescue the
struggling financial system -- one that will cost "hundreds of billions
of dollars" and will relieve banks of bad assets and rein in abusive
trading. Stock investors respond enthusiastically, but investors sell
down Treasurys and the dollar.

Market surge buys Morgan Stanley some time as talks continue

A strong stock market rebound gives Morgan Stanley some breathing room,
a person familiar with the situation says.

FundWatch: Washington moves to shore up money-market funds

The U.S. government acts to prevent a broad collapse in the money-market
industry as the $3.5-trillion sector saw hundreds of billions of dollars
head for the exits.

Todd Harrison: Will the recovery arrive after cancer or a car crash?

Todd Harrison takes a look at the painful place the financial markets
are in, and wonders if the recovery will arrive after a quick and
destructive crash or a drawn-out illness.