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3:21 AM ET, September 26, 2008

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New York Times:
Fate of Bailout Plan Remains Uncertain  —  WASHINGTON — The day began with an agreement that Washington hoped would end the financial crisis that has gripped the nation.  It dissolved into a verbal brawl in the Cabinet Room of the White House, urgent warnings from the president and pleas …
Marc Ambinder:
Bailout Agreement Unraveling?  —  During the White House meeting, it appears that Sen. John McCain had an agenda.  He brought up alternative proposals, surprising and angering Democrats.  He did not, according to someone briefed on the meeting, provide specifics.
Discussion: Newshoggers.com, The Seminal and Salon
Jonathan Martin / Jonathan Martin's Blogs:
McCain to do round of network interviews tonight  —  John McCain will appear on all three network newscasts tonight, a top aide said.  —  McCain is at the White House meeting with President Bush, Barack Obama and congressional leaders now and will tape interviews with NBC, ABC and CBS after the West Wing session.
Marc Ambinder:
What Happened In The Cabinet Room...  Though Sen. Chris Dodd implied that Sen. McCain sandbagged the rest of the negotiators by bringing up alternative proposals, McCain himself did not bring up those proposals, according to four independent sources briefed by four different principals inside the meeting …
Jackie Kucinich / The Hill:
House GOP: We have leverage on bailout  —  House Republicans say they have significant leverage on the revamped bailout package, claiming that Democrats will scramble for votes unless they make changes to it.  —  Republicans in the lower chamber are balking at the bailout package …
David Rogers / The Politico:
Deal would phase in bailout funds  —  The leaders of House and Senate banking committees reached a bipartisan agreement Thursday on the framework for legislation authorizing Treasury's ambitious $700 billion rescue plan for the financial markets.  —  The final language of the bill must still …
Martin Kady II / The Crypt's Blogs:
As deal drifts, House GOP releases alternative  —  House Republicans were left out of the morning deal making on the bailout and are already being blamed for derailing the bailout negotiation.  —  So now they've released their own set of “principles” in the 11th hour, relying on mortgage insurance …
David Kurtz / Talking Points Memo:
STRANGE DAYS  —  It is no small irony that after years of being at odds with the right wing of his own party, John McCain is staking his campaign for the presidency on it.  —  During the late afternoon meeting at the White House (a meeting which was McCain's idea), McCain sat silently …
The Politico:
Wall Street bailout plan breaks down  —  Treasury Secretary Henry Paulson left a late-night session at the Capitol Thursday without a deal on the bailout plan the White House says is needed to prevent economic disaster.  —  Four of the five parties involved in the deal — House Democrats …
Ryan Grim / The Crypt's Blogs:
Frank: Republicans “winced” when McCain was mentioned in meeting
Discussion: The Swamp and Ben Smith's Blogs
David M. Herszenhorn / New York Times:
Lawmakers Seem Near Deal on Bailout
Scott Mayerowitz / ABCNEWS:
O'Neill: Bush Doesn't Understand Crisis, ‘It Shows’
Discussion: Hot Air
New York Times:
McCain Leaps Into a Thicket
Washington Wire:
Blame Game Begins as Bailout Proposal Fizzles
Discussion: Weekly Standard and The Politico
Washington Post:
McCain Stops at Senate en Route to White House
Discussion: Think Progress and Marc Ambinder
Daniel W. Reilly / The Crypt's Blogs:   Frank: 'I honestly don't know what House Republicans are going to do'
Calculated Risk:
Paulson Plan Update and JPMorgan WaMu
Discussion: Associated Press
Wall Street Journal:
J.P. Morgan to Take Over Faltering WaMu  —  U.S. Government Helps Broker a Deal to Dispose of Huge Thrift; Banking Giant Expected to Get Deposits, Branches  —  In what is by far the largest bank failure in U.S. history, federal regulators seized Washington Mutual Inc. and struck a deal …
RELATED:
New York Times:
Government Seizes WaMu and Sells Some Assets  —  Washington Mutual, the giant lender that came to symbolize the excesses of the mortgage boom, was seized by federal regulators on Thursday night, in what is by far the largest bank failure in American history.
Marc Ambinder:
Being Close To Russian Entails......  The next installment in Katie Couric's interview with Gov. Sarah Palin.  —  Watch CBS Videos Online  —  COURIC: You've cited Alaska's proximity to Russia as part of your foreign policy experience.  What did you mean by that?
RELATED:
Nate Silver / FiveThirtyEight.com:
McCain Doubling Down on Debate?  —  A somewhat contrarian view:  —  I really can't imagine John McCain not attending the debate tomorrow.  Although it's hard to know exactly how the spectacle would play out — Obama fielding questions from Jim Lehrer by himself? — as I opined last night …
Discussion: First Draft
RELATED:
Washington Post:
Palin Accepted $25,000 in Gifts, Alaska Records Show  —  Alaska Gov. Sarah Palin, who has made a crackdown on gift-giving to state officials a centerpiece of her ethics reform agenda, has accepted gifts valued at $25,367 from industry executives, municipalities and a cultural center whose …
MSNBC:
The ‘lost’ Palin files  —  When federal judges in San Francisco ruled in 2002 that reciting the Pledge of Allegiance in public schools was unconstitutional because it included the phrase “under God,” Sarah Palin was not amused.  Palin, who at the time was Mayor of Wasilla, Alaska …
Discussion: The Corner
Jonathan Steele / Guardian:
Israel asked US for green light to bomb nuclear sites in Iran  —  US president told Israeli prime minister he would not back attack on Iran, senior European diplomatic sources tell Guardian  —  Israel gave serious thought this spring to launching a military strike on Iran's nuclear sites …
Discussion: Israel Matzav
Andrew Sullivan / The Daily Dish:
The Couric Interview Part II  —  Words fail:  —  Reading the transcript doesn't help:
RELATED:
Steve Benen / Washington Monthly:
PALIN'S UNIQUE SPIN ON THE BAILOUT.... When Sarah Palin sat …
Discussion: Balloon Juice and Daily Kos
Rod Dreher / beliefnet:
Palin debacle on CBS Evening News  —  Watch the Couric interview here.  Couric's questions are straightforward and responsible.  Palin is mediocre, again, regurgitating talking points mechanically, not thinking.  Palin's just babbling.  She makes George W. Bush sound like Cicero.
RELATED:
Dan Payne / Boston Globe:
Sell! Sell! McCain is tanking!
Discussion: TalkLeft
 
 
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 More Items: 
Todd Spangler / Detroit Free Press:
Obama has 13-point Michigan lead over McCain
The Huffington Post:
McCain Aide Claims Credit For Deal, Says “We're Going Into A Debate”
The U.S. Department of Labor Home Page …:
UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT SEASONALLY ADJUSTED DATA
Gateway Pundit:
Missouri Sheriffs & Top Prosecutors Form Obama “Truth Squads” …
New York Times:
Dubious Claims in Obama's Ads Against McCain
Glenn R. Simpson / Wall Street Journal:
Countrywide Made Home Loans to Gorelick, Mudd
Discussion: L.A. Land and Doug Ross
Ben Smith / Ben Smith's Blogs:
Obama camp: McCain's ‘stunt’
Discussion: You Decide 2008
 Earlier Items: 
Marc Ambinder:
Palin On Foreign Policy, Nation Building, And Why She Disagrees With Kissinger
Brandon Friedman / VetVoice:
Sarah Palin Links Iraq to 9/11
Charlotte Bailey / Telegraph:
Hugh Hefner to sack Playboy bunnies amid financial crisis