My WBZ Afternoon Headlines 09/22/2008

[0:00]" WBZ. -- Boston. This honestly is the most listened to station in the late breaking news WBZ. News radio. 1030 every day."

[0:13]" Good afternoon it is 3 o'clock 68 degrees in."

[0:16]" Lost -- right now the skies are cloudy and I'm Diane Stern and here's what we're following in the WBZ news -- on the heels of back to back positive days on Wall Street."

[0:26]" The Dow is down some 260. Points as oil surges more than twenty dollars a barrel for MarketWatch reports coming out about us on Capitol Hill. Congressional leaders agreed the situation is critical and are ready to provide the massive unprecedented bailout."

[0:40]" That WBZ AccuWeather forecast with Bob Larson dry weather across the area from."

[0:45]" From now through at least Wednesday and in sports Red Sox and Indians -- in the first of fourth Red Sox win. And therein the post season."

[0:53]" This afternoon commute is brought to you by the most trusted name in mattresses -- is the mattress professionals. Oil prices zooming ahead is and societies over the US bailout plan put downward pressure on the dollar. Oil up by 25 dollars at last check to 130 dollars a barrel. And markets are down President Bush as a whole world is watching. In Washington work continues on a rescue package Democrats and Republicans alike are putting in their two cents worth on the Wall Street bailout. CBS's Bob -- begins our coverage."

[1:25]" Democrats have several ideas to avoid what House Speaker Nancy Pelosi calls a blank check for the secretary of the treasury. There are suggestions for better oversight on how the money spent they say -- the holders of bad mortgages or help the homeowner should be helped to avoid foreclosure. And Democrats say taxpayers should get something. Perhaps stock in the companies they're saving or a limit to CEO pay checks the -- observed on the Republican side to some conservatives don't like the whole idea. But CBS news Capitol Hill."

[1:53]" WBZ's Lisa Myers spoke today with basic congressman Barney frank -- you know is a key negotiator in the bailout which is designed to stop the banking crisis and -- tumble on Wall Street frank expects action on the bailout by the end of the week but he tells -- no one on the -- is letting the White House -- this thing through."

[2:09]" Simply because you are we will be -- over the weekend we would complain because there would be this terrible crisis we've given an idea where I'm holding -- spell out to take for example restricting the amount of money they get paid to the people made bad decisions and they kill you can't hold it up that we've been agreed to -- just say yes."

[2:25]" Stewart frank says Democrats are ready to deal."

[2:27]" And -- to -- domestic legislation that would accomplish this so they can't say there is being held up by our need to write the bill was holding up now what did they say they'll help us with --"

[2:37]" In other words limiting the compensation packages for the banking exacts are responsible for the melt down Lisa Meyer WBZ Newsradio 1030 meantime the last major investment banks Goldman Sachs and Morgan Stanley are being allowed to become bank holding companies. The federal loved. Government cocaine that move and there are reports Japan's largest brokerage house is buying Lehman Brothers Asian assets. Shares of Morgan Stanley rose today Goldman's fell. WBZ market watches on top of the numbers will have the latest for you in just about five minutes here on WBZ. But not everyone is welcome to return to Galveston Texas days after Hurricane Ike."

[3:15]" This is not a place for children. There's a great deal."

[3:19]" Of debris will have the details -- you just WBZ news -- 35 it's cloudy Monday afternoon our temperature now 57 degrees will drop to the forties overnight clear skies. Tomorrow looks like a nice want to fall today plenty of sunshine and highs 64. And then on Wednesday we'll -- morning fog otherwise sunny and pleasant high 68. And how much the -- on Thursday we'll have even more details on the weather coming up in just about four or five minutes on WBZ -- Bob Larson. Another monster takes the stand in the murder trial of former FBI agent John Connolly. 74 year old Stephen the rifle land funny sharing with the Miami court today assorted -- our. On Boston's gang wars at one point funny told the prosecutor didn't want to bore anyone with the details. Let me said he was introduced -- the world of murder back in 1964. When he helped to clean up and removed the body of a victim. Plumbing and Whitey Bulger a longtime informants for Connelly is being tried now for the murder of gambling executive John Callahan in 1982 in Florida. A second suspect still being -- the vicious beating of a Chelsea radio talk show host. New York City police have arrested one suspect in the attacks September 14. On -- Della crews in the Bronx surveillance video shows -- wonders following -- cruised to an apartment. Where he was struck with a bat and robbed -- Cruz was a New York visiting family. Go back at your own risk that's the message for returning Galveston residents doctor mark degree is head of the Galveston county Texas health district. He says there's no established health care bombing island days after Hurricane Ike but most of the island underwater. These are the people he says should stay away for now."

[5:03]" Any medical condition that requires frequent care and the possibility of hospitalization. We advise you. To not return to the island this week."

[5:37]" As the rest of the nation watches gas prices fall to around three dollars 74 cents for a gallon of regular the price here in Atlanta is well over four dollars and that's where you can find a station that's still less fuel after the refineries have to play a platter with fuel for cars trucks buses and planes shot down -- Perkins who -- tonight Atlanta has been starved for fuel. Those refineries are now gearing up again but that's a relatively slow process and it means Atlanta could be out of gas for another couple of weeks. Lines at gas stations with fuel in the tanks stretched for blocks. And tempers are growing short."

[6:11]" And as we mentioned earlier oil prices are surging marketwatch.com. With the details in just a moment but first the story. A young Winchester New Hampshire woman who fell from the back of a moving pick up truck two weeks ago has died the local police chief says Tammy king. With standing in the back of her friend's truck put her leg up on the side of the rail and then leaned forward to tap the driver Cory carpenter. -- slipped and fell police say carpenter had not been speeding. WBZ news 938."

[6:44]" See the news at wbz1030.com."

[6:48]" Right here is John ward docket marketwatch.com. Not a great way to start the week John -- not not at all -- in fact we're looking -- to what appears to be it's a Red Sea again. Dow Jones Industrial Average down some 242. Points. The NASDAQ is off 63 in the S&P 500 is dropping 31 oil has a lot to do that there's a feeling that bail out plan for Wall Street. He's going to actually help revive the economy and of course when you have a stronger economy gets stronger demand for oil. And oil futures surged sixteen dollars a barrel one point two they would settle just under 121. Dollars a barrel. That's up 60% for the day and it's the biggest daily gain for oil in dollar terms ever. Once again oil searching them more than sixteen dollars a barrel today to settle just under a 121 dollars a barrel. And yes you can say airline stocks are. Heading down American down some 14%. United down 60% delta is off of the blue chips. Yes he got -- those moving higher today. ExxonMobil and Chevron. Business reports and data 38 past the hour on John -- marketwatch.com. On WBZ Newsradio to enter."

[8:04]" Massachusetts official has doubts about the financial bailout that's all the talk in Washington we'll have details on that coming up a bit later this half hour. Right now though 310 and we do have the weather forecast through Thursday Bob Larson with the extended WBZ AccuWeather forecast brought to you by Brookline bank."

[8:21]" Very cool dry with gradual clearing low 42 to 47 plenty of sunshine and cool tomorrow high 64 clear of -- like the -- fog and a low 48 Wednesday fog to start sunshine applause and of the afternoon high 68. Increasing cloudiness on Thursday high again 68 thanks whether it just ten minutes on WBZ. AccuWeather meteorologist. Bob Larson."

[8:42]" We have cloudy skies and Boston right now 58 degrees is -- 350 talk about seeing this year's WBZ is Tom Cuddy with sports."

[8:49]" It's Red Sox and Indians at Fenway in the first of -- Josh Beckett on the mild Red Sox win and a trip to the playoffs for the fifth time in six seasons as guaranteed. The -- in big league baseball seventh inning Florida for just 91 -- training camp blasted both 48 hours. On the Canadians are pre season play tonight in nova Scotia Ingle for the Bruins are to missing all but four games last season there -- knee injury Manny Fernandez."

[9:12]" Officials couldn't have been there in on this. While council. Through through auto Church and it's normal sense of who can -- any more on this and who can go forward."

[9:39]" There's definitely a step back but I think overall performance was just terrible. Really didn't play with the most the emotion and momentum from last week in the first weekend you know we just have to get better I mean this is one bump in the road. We know you know you just -- American day. We never noticed that the blood in lose and if so don't expect to -- like this."