To the Point
In the Presidential Election, Will All the Votes Be Counted?
Americans are likely to see another presidential election so close that very few votes will make the difference. Meantime, new machines, new rules and a massive number of newly registered voters could lead to trouble in many states, and both parties are warning about dirty tricks. Also, an update on Congressional action in the financial bailout, and why Wall Street will never look the same.
By Warren Olney • • 1h 0m ListenAmericans are likely to see another presidential election so close that very few votes will make the difference. Meantime, new machines, new rules and a massive number of newly registered voters could lead to trouble in many states, and both parties are warning about dirty tricks. We look at what could turn out to be an electoral nightmare. Also, an update on Congressional action in the financial bailout, and the transformation of Wall Street is now complete.
In this episode
3 storiesCongress under Pressure to Pass $700 Bailout Plan
Treasury Secretary Henry Paulson hit yesterday's TV talk shows and President Bush increased the pressure on Congress today saying that "the whole world is watching" progress on his $700 billion bailout of the financial system. But some key Democrats are not in such a hurry, calling for help for Main Street as well as Wall Street.
Read the story6 minVoter Suppression, Voter Fraud and Dirty Tricks
With the presidential election just weeks away, both parties have lined up thousands of lawyers. They're preparing for a massive crush of new voters, new voting machines and new rules designed to avoid the kinds of controversies that are still raging over the outcomes in 2000 and 2004.
Read the story35 minBig Brother and the Holding Companies
First Bear Stearns , Lehman Brothers and Merrill Lynch acknowledged their model of doing business was just too risky. Last night, the last two independent banks on Wall Street asked the Federal Reserve to change their status to bank-holding companies.
Read the story8 min
