In the largest-ever bank failure in U.S. history, the government wholesale air maxlate Thursday seized the Seattle-based Washington Mutual's assets and sold them to JP Morgan Chase for 1.9 billion dollars in an auction, as political leaders were negotiating a 700-billion-dollar bailout plan for the country's battered financial industry.
"The two leaders agreed that the world will need to engage in a dialogue to discuss how business is done in the 21st century, but that the immediate focus must be on securing congressional approval of a rescue plan," Johndroe said.
But by midday, McCain's campaign said the Republican presidential nominee believed enough progress had been made for him to travel to Mississippi to participate in the debate, set for9 p.m. Eastern Time (100 GMT Saturday) at the University cheap air force onesof Mississippi campus in Oxford.
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