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Correction: Petters-Investigation story
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MINNEAPOLIS (AP) -- In a Sept. 26 story about a federal investigation of Petters Group Worldwide, The Associated Press reported erroneously that Petters Group Worldwide owns Fingerhut Direct Marketing Inc. Fingerhut is an independent company in which Petters Group Worldwide is a passive minority stockholder with no involvement in the day-to-day management, not the owner.
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Lawmakers report progress on financial rescue deal
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WASHINGTON (AP) -- Nervously eyeing the markets' next trading session, key lawmakers in both parties and Treasury Secretary Henry Paulson worked late into the night Saturday trying to close an agreement on a multibillion-dollar government bailout of distressed financial companies.
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