At Boston, Massachusetts: as of 3:54 PM
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| TOP STORIES | | | [32 min ago ] (NECN: Chris Collins, Boston, Mass.) - Boston College will be flying without their top Eagle. After much speculation, head football coach Jeff Jagodzinski is out of a job. Athletic Director Gene DeFillippo made the announcement today.
The firing comes... | | | read more  | | | [40 min ago ] (NECN: Jennifer Eagan, Worcester, Mass.) - A messy mix of snow, sleet and freezing rain is falling across the New England region. People in the Worcester area had been bracing for the worst when they heard freezing rain was in the forecast. Many in... | | | read more | | | [1 hour ago ] WASHINGTON (AP) - Nissan Motor Co. is recalling more than
240,000 trucks in 20 cold weather states -- including New Hampshire
-- to fix a problem that could prevent front air bags from
deploying in a crash.
The government said in a posting on... | | | read more | | | | | |
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| | | | Breaking News [ 14 sec ago ] | | |
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BUSINESS:
Paulson: Govt. is crafting plan to rescue banks
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| September 19, 2008 Paulson: Govt. is crafting plan to rescue banks
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(NECN) - Treasury secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke briefed congressional leaders on the economic crisis Thursday. House Speaker Nancy Pelosi says the purpose of the meeting was to "insulate Main Street from Wall Street" and recognize responsibility to people across the country.
Senate Majority Leader Harry Reid says he looks forward to working with Bernanke and Paulson, and that he hopes to see a proposal in a matter of hours and not days.
Treasury Secretary Henry Paulson says the government is crafting a plan to rescue banks from bad debts that are at the heart of Wall Street's worst financial crisis in decades.
Paulson said late Thursday the plan will need congressional approval.
Material from the Associated Press is included in this report.
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