CREDIT CRISIS: Morning Headline Scan for 09.23.08

The financial crisis is evolving so quickly that we thought it best to simply share some crisis-related wire headlines with you. Viewing them in aggregate gives a good sense of what is happening in the moment. These headlines are as of 9:41 a.m. ET:

[$INDU] Dow Jones Industrial Average rises 14.82 points to 11,030.51 9:31 AM ET, Sep 23, 2008

WHITE HOUSE: ‘No question’ that rescue plan will get done this week 9:26 AM ET, Sep 23, 2008
WHITE HOUSE: Transparency, oversight is ‘very important’9:21 AM ET, Sep 23, 2008

Oppenheimer cuts EPS ests for Citigroup, Wachovia, JP Morgan 9:19 AM ET, Sep 23, 2008

WHITE HOUSE: Rescue will have ‘very positive impact’ for homeowners 9:16 AM ET, Sep 23, 2008
WHITE HOUSE: Critical to move quickly on a clean rescue bill 9:15 AM ET, Sep 23, 2008
WHITE HOUSE: US wants to assure world it’s working to pass rescue 9:14 AM ET, Sep 23, 2008
WHITE HOUSE: Markets dealing with ‘very serious challenges’9:12 AM ET, Sep 23, 2008
WHITE HOUSE: Treasury still talking with Congress on rescue 9:10 AM ET, Sep 23, 2008

Bush predicts passage of Paulson mortgage debt plan 9:05 AM ET, Sep 23, 2008
Bush says debate in Congress on Paulson plan is normal 9:05 AM ET, Sep 23, 2008
Bush sees desire in Congress to pass mortgage plan quickly 9:04 AM ET, Sep 23, 2008

Paulson warns against attaching items to slow debt plan down 8:51 AM ET, Sep 23, 2008
Paulson sees bipartisan support for his mortgage relief plan 8:50 AM ET, Sep 23, 2008
Paulson: Debt plan is best way to help homeowners 8:48 AM ET, Sep 23, 2008
Paulson:Market stability is the ultimate taxpayer protection 8:47 AM ET, Sep 23, 2008
Paulson: Mortgage rescue plan costs less than alternative 8:42 AM ET, Sep 23, 2008
Paulson: Mortgage plan must be designed to start immediately 8:40 AM ET, Sep 23, 2008

Bernanke: Failure of AIG a severe threat to global stability 8:25 AM ET, Sep 23, 2008
Bernanke defends govt. takeover of Fannie, Freddie, AIG 8:24 AM ET, Sep 23, 2008
Bernanke: Looked for private sector solution to Lehman, AIG 8:24 AM ET, Sep 23, 2008

[WM] Washington Mutual shares fall 10% in pre-open, to $3.01 8:23 AM ET, Sep 23, 2008

Bernanke: Congress must deal with ‘crisis at hand’ 8:22 AM ET, Sep 23, 2008
Bernanke: Inflation is still a risk to the outlook 8:22 AM ET, Sep 23, 2008
Bernanke: Bailout must pass to avert damage to economy 8:21 AM ET, Sep 23, 2008
Bernanke: Action by Congress is ‘urgently required’ 8:20 AM ET, Sep 23, 2008
Bernanke: Economy hurt if financial conditions don’t improve 8:17 AM ET, Sep 23, 2008