Get to know D.C. with our daily newsletter
We dive deep on the day’s biggest story and share links to everything you need to know.
WaMu fails. JP Morgan picks up the scraps (“43,000 employees, more than 2,200 branch offices in 15 states and $188.3 billion in deposits”). It’s the largest bank failure in the country’s history, but still not the story of the day.
That would be, the flailing Republican plan to write a blank check to big business, thus derailing progress on a bailout plan.
And Sarah Palin’s bizarre interview with Katie Couric. This is not the transcript.
And McCain’s campaign “suspension” that wasn’t.
Meanwhile, Europe is starting to feel the heat from our economic meltdown.
New Japanese subway platforms have suicide prevention barriers. Perhaps we should install these in trains near Wall Street.