Week of September 16. 2008

The Dow plummets 504 points among fears after the bankruptcy filing of Lehman

Brothers and a possible collapse of insurance giant AIG.

The Fed rescues insurance giant AIG with an $85 billion loan - the largest such

bailout in U.S. history. The action represents an abrupt about-face for the

government, which last weekend, appeared to signal an end to federal rescues of

private firms by allowing Lehman Bros. Holdings Inc to go belly up.

The Fed gives the green light for the two remaining major investment banks -

Goldman Sachs and Morgan Sachs and Morgan Stanley - to become bank

holding companies that can create commercials banks to take federally insured

deposits and make loans and otherwise act like any other bank.

Top government officials and congressional leaders agreed to quickly develop a

comprehensive plan aimed at defusing the nation’s financial crisis.

The Bush administration is asking Congress for the authority to spend $700

billion and for powers to intervene in the economy so sweeping that they have

virtually no precedent in U.S. history.

Barack Obama raised $66 million in August and is outspending John McCain in

advertising.

to start selling their music on mini flash memory

cards that can be loaded onto mobile phones,

digital music players and car stereos. The

slotMusic cards (made by SanDisk), will also

come preloaded with liner notes, cover artwork

and perhaps video. They are expected to go on

sale before the holiday season.

Napster Inc says it has agreed to be acquired by

Best Buy Co for $121 million. Best Buy says it

plans to use Napster’s technology and services

to sell music, video and more.

Entertainment news -

Katie Holmes makes her Broadway debut in “All

My Sons.”

Sex and the City author Candace Bushnel is at it

again. She’ writing two teen novels with the

character Carrie Bradsahw - taking readers

Week of September 16. 2008

back to her formative years. Look for The Carrie Diaries” out in 2010.

Ryan O’Neal and his son are booked on suspicion of narcotics possession after a

probation search at his home.

Best drama - “Mad Men”

Best comedy - “30 Rock”

Best made-for-TV movie - “Recount” on HBO

Best actor drama - Bryan Cranston - “Breaking Bad”

Best actress drama - Glenn Close - “Damages”

Best reality host - Jeff Probst - “Survivor”

Best actor comedy - Alec Baldwin - “30 Rock”

Best actress comedy - Tina Fey - “30 Rock”

Supporting actor drama - Zeliko Ivanek - “Damages

Supporting actress drama - Dianne Wiest - “In Treatment”

Supporting actor comedy - Jeremy Piven - “entourage”

Supporting actress comedy - Jean Smart - Samantha Who?”

Music news - Four die in the crash of a Learjet in S. Carolina. Two burned

survivors are former Blink-182 drummer Travis barker and popular DJ Adam

Goldstein.

Passing - Richard Wright - founding member of Pink Floyd.

On Saturday Night Live - James Franco - Kings of Leon are musical guests.

Passing - songwriter/producer Norman Whitfield. He wrote lots of Motown hits

including “Heard It Through The Grapevine.”

The big question - will

Night Live to play Gov.

appearance by Fey - a

former cast member and

writer - proved to be a hit.

On Dr. Phil this week - an

11-year-old wants her mom

to break her addiction to

prescription drugs.

Week of September 16. 2008

Hot hits this week in 2008 -

LET IT ROCK- Kevin Rudolf fea. Lil' Wayne

SO WHAT?- Pink

BARTENDER SONG (SITTIN' AT THE BAR)- Rehab

CRUSH- David Archuleta

PAPER PLANES- M.I.A

BETTER IN TIME- Leona Lewis

I'M YOURS- Jason Mraz

WHEN I GROW UP- Pussycat Dolls

IN THE AYER- Flo Rida fea. Will.I.Am

I'M YOURS- Jason Mraz

CLOSER- Ne-Yo

WALKING ON AIR- Kerli

SHUT UP AND LET ME GO- The Ting

Tings

ANGEL- Natasha Bedingfield

ANGELS ON THE MOON- Thriving Ivory

CHECK YES, JULIET- We The Kings

JUST STAND UP!- Artists Stand Up To

Cancer

CHECK YES, JULIET- We The Kings

HOT N' COLD- Katy Perry

DANGEROUS- Kardinal Offishall fea.

Akon

SOMEONE LIKE YOU- Safetysuit

At the movies this week in 2008 -

Lakeview Terrace

Burn After Reading

My Best Friend’s Girl

Igor

Righteous Kill

The Family that Preys

The Women

Ghost Town

The Dark Knight

The House Bunny

Week of September 16. 2008