HL:Business staffing plans for Thursday, Oct. 9, 2008@ (INO News)
BUSINESS EDITORS:@ Here are Canadian Press Business staffing plans as of 4 p.m. ET. Plans may change as circumstances warrant. Queries should be addressed to business editor John Valorzi at 416-507-2146 or to Dave Paddon on the business desk at 416-507-2138 or Craig Wong at 613-231-8631.
Banks trim prime rate as Ottawa offers mortgage relief (CTV British Columbia)
Canada's big banks are lowering their prime lending rates in response to an announcement Friday that the federal government will buy $25 billion worth of mortgage debt to help free up credit markets.
Robert Peston (BBC News)
Is there a possible cure out there for the credit crunch?
Top Scoops (Scoop.co.nz)
Craig Crawford, CQ - How did anyone think the public would get behind something sold as a bailout of Wall Street multi-millionaires? Make it a bailout of homeowners, and you would have something that could pass in Congress.
Gold Seeker Closing Report: Gold and Silver Gain Over 5% and 9% More, But Fall After Hours (GoldSeek.com)
Gold rose to $892.97 in early Asian trade before it fell back near unchanged at $852 by the open in London, but it then chopped its way higher in London and New York, exploded to a new high of $916.90 in the last hour of trade, and closed with a gain of 5.49%. Silver traded between $12.54 and $11.69 in Asia and rose to a new high of $13.01 in London before it fell back off in morning New York ...
