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| FRIDAY • OCTOBER 10, 2008 |
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 WALL STREETS ROLLERCOASTER RIDE CONTINUES: DOW BREAKS THROUGH 8,000 SHORTLY AFTER OPEN BEFORE REBOUNDING: Wall Street extended its devastating losses Friday, but prices swung sharply as investors scooped up some shares decimated by more than a week of intense and panicked selling. The Dow Jones industrials average, down nearly 700 points in the opening minutes of trading, recovered to an advance of more than 100 before turning sharply lower again, and the other major indexes fluctuated widely as well.
Wall Street extended its devastating losses Friday, but prices swung sharply as investors scooped up some shares decimated by more than a week of intense and panicked selling. The Dow Jones industrials average, down nearly 700 points in the opening minutes of trading, recovered to an advance of more than 100 before turning sharply lower again, and the other major indexes fluctuated widely as well. |
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 ASIAN MARKETS FOLLOW HUGE WALL STREET LOSSESJAPANESE NIKKEI AVERAGE PLUMMETS MORE THAN 10 PERCENT: A massive sell-off on Wall Street and an escalating global equity crisis sent Asian stocks plunging Friday, with Japan’s benchmark index in the midst of a gut-wrenching freefall. The benchmark Nikkei 225 stock average plummeted 974.12 points, or 10.6 percent, to 8,183.37 at the close of the morning session. The index at one point had lost more than 11 percent.” Selling is unstoppable in New York and Tokyo,” said Yutaka Miura, senior strategist at Shinko Securities Co. Ltd. in Tokyo. “Investors were gripped by fear.”
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 TOPLESS ACTIVISTS PROTEST EU BULLFIGHTING: Animal-rights advocates cover themselves in fake blood to press for ban: Animal-rights activists staged a topless protest outside the European Parliament on Thursday, demanding the European Union ban bullfighting and stop aiding the industry in Spain, France and Portugal. Some 20 men and women lay down on the sidewalk outside the EU assembly, covered in fake blood with colorful pica spears sticking out of their backs, to highlight their opposition to bullfighting.
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 HUNGRY ZIMBABWEANS LIVE ON ONE MEAL A DAY: ‘National crisis’ grips country struck by economic collapse, AIDS, drought: Some rural Zimbabweans facing one of the hungriest years they could remember have been forced to live on a meal a day and in some cases only on wild fruits, the U.N. food aid agency said Thursday. The World Food Program appealed for donations to help fight hunger in Zimbabwe, straining as an economic collapse, years of food scarcity, AIDS and poor weather have combined to put it in a category all its own in a region where most nations are poor.
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DALAI LAMA TO UNDERGO SURGERY FOR GALL STONE: Tibetan spiritual leader hospitalized in New Dehli earlier: A spokesman for the Dalai Lama said the Tibetan leader will undergo surgery to remove a gall stone. Chime R. Chhoekyapa, the spokesman, said “a gall stone will be removed.”The Dalai Lama was hospitalized in New Delhi early Friday, just days after a medical checkup cleared the Tibetan spiritual leader to resume foreign travel.
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 ANGER IS CROWD’S OVERARCHING EMOTION AT MCCAIN RALLY: There were shouts of “Nobama” and “Socialist” at the mention of the Democratic presidential nominee. There were boos, middle fingers turned up and thumbs turned down as a media caravan moved through the crowd Thursday for a midday town hall gathering featuring John McCain and Sarah Palin.
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CONN. COURT OVERTURNS SAME-SEX MARRIAGE BAN: Court finds law discriminates by limiting marriage to heterosexual couples: Connecticut’s Supreme Court ruled Friday that same-sex couples have the right to marry, making that state the third behind Massachusetts and California to legalize such unions. The divided court ruled 4-3 that gay and lesbian couples cannot be denied the freedom to marry under the state constitution, and Connecticut’s civil unions law does not provide those couples with the same rights as heterosexual couples.
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 STUDY: GEORGIA VILLAGES ‘TORCHED’ AFTER INVASION: AMNESTY INTERNATIONAL: SATELLITE IMAGES MAY BE EVIDENCE OF WAR CRIMES: Hundreds of houses in ethnic Georgian villages in South Ossetia were torched in August, after Russian troops took control of the area, according to an analysis of satellite images released on Thursday. The analysis, conducted by the American Association for the Advancement of Science on behalf of Amnesty International, did not show who was responsible for the damage but Amnesty said it may be evidence of war crimes. Human-rights activists have criticized Russia for ignoring the looting of ethnic Georgian villages by armed South Ossetian militias during and after the war.
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 CALIFORNIA MAY REQUIRE MORE SPACE FOR HENS: RANCHERS WOULD NEED TO MAKE SURE ANIMALS CAN STAND UP, TURN, OR STRETCH: At the J.S. West and Cos. poultry farm, half a million chickens are squeezed six at a time into wire cages where they must share 2 square feet of space. Beneath them, conveyor belts whisk away excrement while 1.2 million eggs travel from hen to carton each day without touching a human hand. California voters will decide next month whether this kind of operation is an example of factory farming at its most efficient or the cruel farming practices of producers concerned only about the bottom line.
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REPORT: U.S. SPIED ON AMERICANS’ INTIMATE CONVERSATIONS ABROAD: Congress is looking into allegations that National Security Agency linguists have been eavesdropping on Americans abroad. Government linguists say the U.S. eavesdropped on Americans, including military officers serving in Iraq. The congressional oversight committees said Thursday that the Americans targeted included military officers in Iraq who called friends and family in the United States. The allegations were made by two former military intercept operators on a television news report Thursday evening.
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 BERLUSCONI SAYS LEADERS MAY CLOSE WORLD’S MARKETS: Italian Prime Minister Silvio Berlusconi said political leaders are discussing the idea of closing the world’s financial markets while they “rewrite the rules of international finance.'’ “The idea of suspending the markets for the time it takes to rewrite the rules is being discussed,'’ Berlusconi said today after a Cabinet meeting in Naples, Italy. A solution to the financial crisis “can’t just be for one country, or even just for Europe, but global.'’
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LBN-HEALTH INSIDER: *** One in four teen girls have rolled up their sleeves for the relatively new vaccine against cervical cancer, federal health officials said Thursday. The figures represent the government’s first substantial study of vaccination rates for the Gardasil vaccine Merck & Co.’s heavily advertised, three-shot series that targets the sexually transmitted human papillomavirus. *** Nearly 10,700 Chinese infants and children were still in hospital after drinking toxic milk and milk formula, China said on Thursday, but urged foreign customers to take a “scientific” approach to the safety of its products. The country is still wrestling with a tainted milk scandal that has killed four babies, made tens of thousands more ill and affected products around the world.
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 LBN-BOOK NEWS: *** The Swedish Academy said Thursday that French novelist Jean-Marie Gustave Le Clezio has won the 2008 Nobel Prize in literature. The academy called Le Clezio “author of new departures, poetic adventure and sensual ecstasy, explorer of a humanity beyond and below the reigning civilization.” Besides the 10 million kronor ($1.4 million) check, he will receive a gold medal and be invited to give a lecture at the academy’s headquarters in the Swedish capital’s Old Town. *** Superman’s dad has died again. DC Comics has killed off Clark Kent’s Earth father with a heart attack. In Action Comics #870, out Wednesday, Superman can’t hear his mom’s cries for help in time to save Jonathan Kent. The TV Jonathan played by John Schneider died long ago on CW’s “Smallville.”
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LBN-MEDIA INSIDER: *** Hollywood’s biggest annual advertisement for itself the Academy Awards broadcast now can carry commercials for movies themselves. The Academy of Motion Picture Arts and Sciences board voted to allow commercials for movies to air on the Oscar telecast for the first time starting with the Feb. 22 ceremony on ABC, academy spokeswoman Leslie Unger said Wednesday. *** The CW is spinning off its hit reality series “America’s Next Top Model.” The network has ordered a pilot for “Operation Fabulous,” starring “Top Model” regulars Jay Manuel and J. Alexander and executive produced by “Top Model” chiefs Tyra Banks and Ken Mok. *** MGM has compiled most of the lead cast for its accelerating remake of the 1980 musical “Fame.” Kristy Flores, Paul Iacono, Paul McGill, Naturi Naughton, Kay Panabaker, Kherington Payne, Collins Pennie, Walter Perez and Anna Maria Perez de Tagle have joined.
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 WHO READS THE LBN E-LERT? Radio talk show host and publishing legend Judith Regan along with approximately 300,000 other “influencers”.
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LBN-COMMENTARY By LOUISE R. TRAVIS: Ive always believed that when a loved one dies there should never be a limit on how long to mourn, since we experience loss in different ways. Am I now to understand that if we mourn longer that six months, were candidates for inclusion in DSM-V, the next edition of the standard textbook on mental illness? Perhaps researchers, in scanning the brains nucleus accumbens, should look to the heart as well. My sorrow comes from there.
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LBN COMMENTARY By THOMAS SOWELL: At one time, it was said The truth will make you free. Today, there seem to be those who think that rhetoric and hype will make you free. It might even be called the audacity of hype.
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 LBN-THINK AGAIN:
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 LBN-A DIFFERNENT VIEW:
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 LBN-OVERHEARD: ***Forbes was forced to recalculate and reorder its list of the richest 400 Americans destined for the October 27th issue because of all the crazy stuff that happened in the financial markets these last two and a half months. Bill Gates is no longer the richest man in America! He’ll now need to settle for the #2 position on the Forbes magazine richest person list. The Wizard of Omaha, Warren Buffett is now #1. ***Britney Spears, who was recently in New York City with her on-again off-again manager Larry Rudolph, wasnt there only to work on her new album. She was also shooting footage for a reality show. ***Billboard is reporting that Chinese Democracy, the comically delayed Guns N’ Roses album, will finally be released Nov. 23, exactly 15 years to the day since their last release, The Spaghetti Incident? ***Ashley Tisdale understands that Zac Efron is hot and a “great actor,” but she says she still doesnt understand what everyone’s making the fuss about. ***She’s feeling good now, but Samantha Who? Star Christina Applegate reveals on today’s Ellen DeGeneres Show that “for about five weeks” after her breast cancer surgery, she kept relatively mum at work.
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LBN DID YOU KNOW: ***Every year, Burger King restaurants prepare over 950,000 pounds of bacon for their breakfast customers. ***Isaac Newton used to be a member of parliament. ***Dumbest Dog: Afghan hound. ***At just four years old Mozart was able to learn a piece of music in half an hour.
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LBN-QUOTE: Don’t confuse fame with success. Madonna is one; Helen Keller is the other.- Erma Bombeck.
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LBN-HISTORY: On Oct. 10, 1973, Vice President Spiro T. Agnew pleaded no contest to one count of federal income tax evasion and resigned his office.
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