" all it's time for 1010 wins news on the run for Monday September 15 that's at 6 AM -- duty the -- Okay is it Monday's didn't heard enough there is anguish today in the economic arena. Three major firms are facing financial problems. Correspondent Julie walker reports Lehman Brothers is filing for chapter eleven bankruptcy after two final buyers balked at the balance sheet. And then the Fed's refused to offer bail out."

" Barclays says it's pulling out of talks with Lehman Brothers but Britain's third largest bank is still holding its own high level meeting at its corporate office in London. Lee Bruce Barkley says the bank was unable to reach an agreement on credit guarantees -- Lehman's troubled assets. Meanwhile talks at the Federal Reserve in New York continue between Lehman and other interested parties including Bank of America. If a buyer isn't found in the government does not enjoy being Lehman could be forced into bank."

" Groups say the 158. Year old New York based company has more than 24000. Employees worldwide. About half of them in the city meanwhile Merrill Lynch says it's being bought by Bank of America the price tag is roughly fifty billion. Merrill Lynch she was hurt by bad mortgage finance and real estate investments. And insurance giant AIG is look at the cash to try to avoid bankruptcy. It shares on nearly 80% this year along. The news it's likely in Iraq Wall Street today Fed brokers try to set up a new seventy billion dollar loan program. So financial companies can tap into it and avert more disasters. Mayor Bloomberg has canceled a trip to California he wants to stay and monitor the situation. And former Federal Reserve chief Alan Greenspan -- candidate quote once in a century event. That could take down other firms as well Asia's biggest stock markets closed today but the ones that are -- taken a huge it. You want to follow the latest business twists and turns just keep it locked in cantonment reports a 26. And 56 minutes past the money matters in the political arena to tell you about Barack Obama raising 66. Million dollars last month that as a record. For presidential candidate and John McCain raised 47 million in August a personal best for his campaign. So many Republicans say the negative tone get a live out of the presidential campaigns. They're faulting both sides of the political fancy say it's time for more talk about the issues in less favourable -- Some good news for the Obama campaign there's word he's opened at twelve point lead over John McCain in Iowa. That is viewed as a battleground state Hillary Clinton campaigning for Barack Obama in Ohio revising -- line delivered at last month's democratic convention. No way no how. No McCain. Well she's added. No Sarah Palin that acts follow the road the White House -- elections station tent -- wins intent in Queens dot com hey. Guess who isn't ready to take -- out of the political arena. Four months after a DW I arrest in word of an out of wedlock child forced congressman beat of the cell at a forego a run for reelection. The Staten Island Republican is apparently ready to try and get back on the ballot sources say he's plotting -- come back. Something that may not be all that easy since Republicans. Already have a candidate. Bestselling author whose spy novels spawned hit movies. As revealed pretty shocking secret society monk's -- balance right is wrong."

" He was a British intelligence agent who was tempted to defect to the Soviet Union that's what David Cornwell -- spy novels is John -- ray tells London's Sunday Times Alec -- his tinker tailor soldier spy on TV itself built from Moscow -- Fielders can say the Kerry says he wasn't tempted ideologically just wanted to see what it was like on the other side of the iron curtain -- quit the service after the spy who came in from the cold hit it big in 1960 making movies starring Richard Burton. "

" despise moral philosophers measuring everything into against the word of god all Karl Marx correspondent shock -- efforts. The nation's elementary and middle school students are making the grade when it comes to reading. Writing and arithmetic secretary of education Margaret spellings explains. What's prompted the success --"

" Turn the tide we've started we've gone from you know. You're truthful or flat to -- get some real progress where we focus."

" It's spelling says progress among high school and college students hasn't been quite a successful. Andy's a little more -- Oil prices dropping under a hundred dollars a barrel again today prices are falling to as low as 99 dollars and five cents a barrel after hurricane Nike inflicted minimal damage to oil installations on the Texas coast but despite that. You will notice that prices at the pump are up. The remnants of Hurricane -- are still powerful enough to -- more than a million homes and businesses outside the Gulf Coast in the dark."

" Search and rescue operations continuing flight towns like Galveston while those living where the water is receded are assessing the damage I left behind. This Laporte resident says it was the scariest night of this life you've got tornadoes in order I mean I don't know the word -- who just or. We just didn't have to use them for a movie but most agree they are lucky to be alive."

" They don't think it's that is I guess -- easily be blesses and we operate in just shame you have to come home steal this devastating."

" Flooded homes collapsed roofs downed trees along with twisted metal and other debris lined the streets and neighborhoods. A man's lawyer CNN for 1010 wins in the port Texas."

" Floodwaters and I -- it killed at least 28 people in at least eight states thousands have been forced from their homes by flooding in northwest Indians well. Some new clues could shed some new light on the cause of the deadly train collision near Los Angeles. Federal investigators say audio recordings. From a commuter trainer missing required -- verbal safety checks between the engineer and the conductor. Just before collided with a freight train passenger train passed a solid yellow light and a red signal before the crash. When charity. Turns deadly at least 23 people were crushed to death in the stampede after residence in one Indonesian town. Surged forward to receive money from a wealthy family. Hand out among the many charity events marking the Islamic fasting month of Ramadan. And the amount they were getting. Four dollars. And 25 cents. Parent late Julio Flores and couldn't handle the idea of how to it's called around ending their relationship. The Bronx man has admitted he killed 28 year old woman cut upper body and then buried in at a layers of cement. At a home construction site in Teaneck New Jersey where you once worked. -- floors thirty do then called cult or a Stanley and told them they overseer whose arrest against. Month after a five year old boy died during an elevator malfunction in a Brooklyn housing project. There's word of more trouble tenants at seventy climbers streets say. On the same elevator the door open but there was no car just a gaping hole. Abraham. She militants was one of them."

" I come in at -- as he's dead and -- a broken cookbook. Islam opened the door in the and the current -- there are people sit in front of it."

" Luckily nobody was injured city official says the elevators are being looked. You could say the -- blew it -- Bronx man admitted the three home invasions after his DNA was found on a facial tissue. Founded a Westchester break in 28 year old -- to large ski of the Wakefield section of the Bronx pled guilty to three counts of burglary in the second degree. Stay one of OJ Simpson's Los Vegas trial."

" A kidnapping conviction is not a stretch in Nevada if you more someone somewhere under false pretenses and then hold them there against their will that's kidnapping. Prosecution alleges Simpson and four others lord to sports memorabilia dealers to a Las Vegas hotel room. Then burst in with guns not allowing them to leave and subsequently stealing memorabilia. Simpson claims he was merely getting -- despite that were stolen from him in there were no guns."

" Correspondent human. Is is enough to make you sick literally make you sick there's a new report about unsanitary conditions at city restaurants. And it includes the dirty dozen list of the top offenders who have failed to pass -- health inspection. Democratic state senator Jeff Klein is calling for the city to implement a letter grating system. That would be post -- so consumers can see it for themselves. You want to see the list no problem just into what so attentive and -- dot com bona Petit. I don't know what it is that skill and all efficient creek near their homes with some Long Island residents. Would like to find out hundreds of dead fish have been found floating in a creek. In just the past viewed sites one residents suspects pesticides sprayed recently to kill mosquitoes can be responsible but. -- Health Department says it's highly unlikely those pesticides would have been sprayed water. You probably don't know the name frank months. But if you ever saw the movie jaws might because it's believed the legendary shark fisherman was the inspiration. For the captain quint character in the -- Landis died last week in Honolulu from heart attack. He was 82. So always good to have a best buddy an Arizona man does and his best buddy saved his life."

" When a man had a seizure this past week in Phoenix is flooding dialed emergency it was the second time but we German shepherd called 911."

" the phone to save -- gonna. Dogs trained by the Michigan based company paws with a cause -- opposable thumbs no problems -- Mikey at this. Watch over the dog -- program buttons in the emergency operator saw in the computer files and trained dog was at that location while. But then --"

" Is a lab and ticket. But the Delaware woman nearly killed herself convincing authorities that was the case."

" Correspondent John Mark explain split deserve a bar -- have in common with sir Paul McCartney. Both of them were accused of being dead."

" I went to apply for credit and they told me that I was to see if."

" Delaware resident says a bookkeeping mistake was to blame for this problem which took about eight months to resolve."

" Funny now but back then it's not funny because you really try and buy something. Here's the -- really no luck."

" As for McCartney the Paul is dead rumor started in 1969. You know I only feel that because I'm sleep deprived."

" come to Monday. And it stand -- wins he's on the run for Monday September 15 tucked it tomorrow. I'm duty the --"