12/31/2008

Former Illinois attorney general Roland Burris accepts Blagojevich ...

Rod Blagojevich, when he appointed former state Attorney General Roland Burris to fill Barack Obama's Senate seat. It's unclear whether a special election would trump the Governor's appointment of Roland Burris. So I'm here today to announce that I am appointing Roland Burris as the next United States senator from Illinois. Despite the charge, the governor Tuesday tapped former state Attorney General Roland Burris to fill the seat. Roland Burris in the US Senate, setting the stage for a potentially lengthy legal struggle over representation for the state. "This is not about Mr. Blagojevich today named former state Attorney General Roland Burris to fill Obama’s vacant seat. Senate Democratic leaders vowed to reject the appointment. AP Thank you for coming to sacbee.com. AP Note: If this is your first time using our NEW commenting system, you will have to LOG OUT and then LOG BACK IN. topic and not abusive. AP Copyright 2008, The Associated Press. All rights reserved.

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GMAC Bailout Fuels Europe

day session on Wednesday up 41.49 points, or 0.94 per cent, to 4434.17. Britain saw the FTSE 100 shed about 30 percent in 2008, while Japan's Nikkei 225 dropped a whopping 42 percent, its biggest loss on record. The UK's FTSE 100 (UK:UKX: news , chart , profile ) closed up 0.9% at 4434.17. 40 added 0.03 percent. Markets in Japan and Germany were closed for holidays. share index closed 30.66 points higher at 4423.34. FTSE 100's worst fall since the Sept 11 attacks is recorded due to concern over global growth. Among indexes trading, the UK's FTSE 100 gained 0.8% to 4429.42 and was on track to post a 31.4% fall for the year. Meanwhile the FTSE 100 opened a little higher on its last morning of trading for the year, making gains of nearly 1% by 10am. As trading opened in Europe, Britain's FTSE 100 was up 0.9 percent and France's CAC 40 advanced 0.7 percent. Christmas gains standing at 4430.61 – a rise of 37.93 points or 0.86 per cent – at 8:35 GMT. Among the main indexes, the FTSE 100 rose 0.9% to 4433.92 and the French CAC 40 rose 0.7% to 3238.17. 100 gained 1.7 percent to close at 4392.68. The FTSE 100 .FTSE closed up 73.33 points, or 1.7 percent, at 4392.68, building on the previous session's 2.4 percent rise. The Frankfurt DAX index gained 2.2%, while the Paris CAC 40 advanced 1.8% and the London FTSE 100 rose 1.9%.

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