House not in session, but Senate at work on financial rescue legislation

[0:00] ..." Appear in the Senate they decided to stay in session they were originally going to be out of session today but they stayed in session we've seen. Senator Christopher Dodd the chairman of the banking committee going and Harry Reid's office we had. Harry Reid and Mitch McConnell the Republican and democratic leaders on the Senate floor saying we are working today trying to. Put on a brave bipartisan face right now we have Republicans meeting Mitch McConnell said. We in the congress here can act like grown ups were his words and get something passed this week. So most"...

[0:56] ..." I think a lot of that depends on what happens in the stock market and with the credit industry of the lawmakers in the house go home to their districts and hear that the legislation needs to be passed I think there's a good. Chance that it will be passed. There's some talk of changing the legislation in some ways maybe sweetening the pot by. Changing the FDIC insurance from 100000 to 250000. Dollars we've heard that idea thrown around so. It's unclear how they would go about changing legislation"...

[0:00]" Appear in the Senate they decided to stay in session they were originally going to be out of session today but they stayed in session we've seen. Senator Christopher Dodd the chairman of the banking committee going and Harry Reid's office we had. Harry Reid and Mitch McConnell the Republican and democratic leaders on the Senate floor saying we are working today trying to. Put on a brave bipartisan face right now we have Republicans meeting Mitch McConnell said. We in the congress here can act like grown ups were his words and get something passed this week. So most of the meetings going on right now are behind closed doors and they are. Within single parties that's Democrats meeting with Democrats and Republicans meeting with Republicans. And we got to the point of bipartisan meeting yet but there is work being done. So the way you see if -- were being done today -- across the hall and the senator met very widow could yield a bill coming out in moving in the opposite direction from Seneca house do you think he would have any greater chance of passage as a result well I think a lot of that depends on what happens in the stock market and with the credit industry of the lawmakers in the house go home to their districts and hear that the legislation needs to be passed I think there's a good. Chance that it will be passed. There's some talk of changing the legislation in some ways maybe sweetening the pot by. Changing the FDIC insurance from 100000 to 250000. Dollars we've heard that idea thrown around so. It's unclear how they would go about changing legislation to make it more palatable but. Those talks are going on behind closed doors and we're waiting to see what happens."