Rio Tinto: turmoil won't affect BHP bid rejection Rio Tinto Ltd/Plc sees the current global market turmoil having no impact on its rejection of BHP Billiton Ltd's $97 billion takeover bid, Chief Executive Tom Albanese said.
"We believe that the current conditions do not impact on our rejection of BHP Billiton's pre-conditional offer," Albanese said in a speech on Thursday. 03 Oct 2008
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Diddy: 'Sarah Palin Scares Me!' Rapper P Diddy posted a new video blog on YouTube where he urges America's youth to register to vote by pretending to be afraid of Governor Sarah Palin. 02 Oct 2008
JPMorgan's WaMu purchase to go ahead JPMorgan Chase's purchase of the failed Washington Mutual bank (WaMu) will proceed despite the US House's defeat of a $US700 billion ($A840 billion) financial system bailout that would have enabled JPMorgan to sell WaMu's worst assets to the government. 30 Sep 2008
Bush 'very disappointed' with House Vote Result In a sharply divided vote, the House today rejected the $700-billion bailout plan for the nation's banks and other financial institutions. 29 Sep 2008
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What $700B won't buy: a quick fix for the economy Not even $700 billion will be enough to spare the United States from more economic anguish if the government's proposed banking bailout pans out like similar desperation moves during the past two decades. 29 Sep 2008
