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Selected and fresh photos from around the web.

  • Editor's pick
    • BASRA, IRAQ - OCTOBER 18:  People gather around a Land Rover as it arrives at the village Al Houta on October 18 2008 near Basra, Iraq. The trip by the 51 Sqn Royal Air Force Regiment Force Protection Wing was part of a 'key leader engagement' (KLE) visit to the village close to the Basra Airbase to recruit local labour and engage with the village shiek. Visits of this type are seen as key in efforts to continue winning the support of the local Iraqi population. Although improved security in the region has brought some benefits such as improved trade and commerce, much of the infrastructure remains in a poor state of repair. Britain's Prime Minister Gordon Brown has indicated that the number of UK troops could be scaled down - especially as the security situation in the south of the country continues to improve. From Getty Images.

      BASRA, IRAQ - OCTOBER 18: People gather around a Land Rover as it arrives at the village Al Houta on October 18 2008 near Basra, Iraq. The trip by the 51 Sqn Royal Air Force Regiment Force Protection Wing was part of a 'key leader engagement' (KLE) visit to the village close to the Basra Airbase to recruit local labour and engage with the village shiek. Visits of this type are seen as key in efforts to continue winning the support of the local Iraqi population. Although improved security in the region has brought some benefits such as improved trade and commerce, much of the infrastructure remains in a poor state of repair. Britain's Prime Minister Gordon Brown has indicated that the number of UK troops could be scaled down - especially as the security situation in the south of the country continues to improve.

    • Democratic presidential nominee Senator Barack Obama (D-IL) speaks during a campaign rally in the rain at the University of Mary Washington in Fredericksburg, Virginia, September 27, 2008. From Reuters Pictures by Reuters.

      Democratic presidential nominee Senator Barack Obama (D-IL) speaks during a campaign rally in the rain at the University of Mary Washington in Fredericksburg, Virginia, September 27, 2008.

    • A puppy stands on a truck carrying people to be evacuated from the area in preparation for the approach of Hurricane Gustav in Batabano, on the southern coast of Cuba, August 30, 2008. Powerful Hurricane Gustav roared toward western Cuba on Saturday with 125 mph (205 kph) winds on its way to the oil-rich Gulf of Mexico after a deadly pass through the Caribbean. From Reuters Pictures by REUTERS.

      A puppy stands on a truck carrying people to be evacuated from the area in preparation for the approach of Hurricane Gustav in Batabano, on the southern coast of Cuba, August 30, 2008. Powerful Hurricane Gustav roared toward western Cuba on Saturday with 125 mph (205 kph) winds on its way to the oil-rich Gulf of Mexico after a deadly pass through the Caribbean.

    • BANGKOK, THAILAND - AUGUST 30:  A member of Anti-government People's Alliance for Democracy (PAD) stands behind barbed wire outside Government on August 30, 2008, in Bangkok, Thailand. The protesters want to unseat the seven-month old coalition government lead by Prime Minister Samak Sundaravej. From Getty Images.

      BANGKOK, THAILAND - AUGUST 30: A member of Anti-government People's Alliance for Democracy (PAD) stands behind barbed wire outside Government on August 30, 2008, in Bangkok, Thailand. The protesters want to unseat the seven-month old coalition government lead by Prime Minister Samak Sundaravej.

  • Hot off the wire
    • An unidentified woman holds a picture of Ordinary Seaman Theo Green during a memorial service in  Sydney, Australia, Wednesday, Nov. 19, 2008  for the sinking of  HMAS Sydney on Nov. 19 1941, after it battled with a German raider. From AP Photo by Rob Griffith.

      An unidentified woman holds a picture of Ordinary Seaman Theo Green during a memorial service in Sydney, Australia, Wednesday, Nov. 19, 2008 for the sinking of HMAS Sydney on Nov. 19 1941, after it battled with a German raider.

    • Soccer star David Beckham (L) chats with actor David Arquette as they watch the Los Angeles Lakers play the Chicago Bulls in their NBA basketball game in Los Angeles November 18, 2008. From Reuters Pictures by REUTERS.

      Soccer star David Beckham (L) chats with actor David Arquette as they watch the Los Angeles Lakers play the Chicago Bulls in their NBA basketball game in Los Angeles November 18, 2008.

    • . From Getty Images by AFP/Getty Images.

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  • Recently starred
    • An Indian boy flies a kite against the backdrop of a sunset near the Indo-Bangladesh border village Raimura near Agartala, capital of Indian northeastern state Tripura on July 26, 2008. India plans to fence its eastern frontier with Bangladesh to prevent illegal infiltration and cross border movement of insurgents. Tripura has a total of 856 km open border with Bangladesh, allegedly from where the militants operate. From Getty Images by AFP/Getty Images.

      An Indian boy flies a kite against the backdrop of a sunset near the Indo-Bangladesh border village Raimura near Agartala, capital of Indian northeastern state Tripura on July 26, 2008. India plans to fence its eastern frontier with Bangladesh to prevent illegal infiltration and cross border movement of insurgents. Tripura has a total of 856 km open border with Bangladesh, allegedly from where the militants operate.

    • Partizan Belgrade's Nikola Pekovic (L) vies for the ball with Andrew Betts (R) of DKV Joventut Badalona, during their basketball group B Euroleague match at the Pionir Arena in Belgrade, 03 January 2007.   AFP PHOTO / ANDREJ ISAKOVIC From Getty Images by AFP/Getty Images.

      Partizan Belgrade's Nikola Pekovic (L) vies for the ball with Andrew Betts (R) of DKV Joventut Badalona, during their basketball group B Euroleague match at the Pionir Arena in Belgrade, 03 January 2007. AFP PHOTO / ANDREJ ISAKOVIC

    • The space shuttle Endeavour is seen lifting off over the moon in Orlando, Florida November 14, 2008. The U.S. space shuttle Endeavour soared off its seaside launch pad on Friday on a mission to upgrade the International Space Station. Picture was taken with a time lapse exposure. From Reuters Pictures by REUTERS.

      The space shuttle Endeavour is seen lifting off over the moon in Orlando, Florida November 14, 2008. The U.S. space shuttle Endeavour soared off its seaside launch pad on Friday on a mission to upgrade the International Space Station. Picture was taken with a time lapse exposure.

    • A man cycles past a Cuban flag in Havana November 5, 2008. U.S. President-elect Barack Obama's promise of change reached across the Florida Straits on Tuesday as Cubans said his victory over John McCain gave them hope for better relations with the United States and improvement in their own lives. Obama's campaign vow to ease the 46-year-old U.S. trade embargo against Cuba and his willingness to consider dialogue with the Cuban government were a breath of fresh air after almost eight years of tough talk and hard-line policies from the Bush adminstration, Cubans said. From Reuters Pictures by REUTERS.

      A man cycles past a Cuban flag in Havana November 5, 2008. U.S. President-elect Barack Obama's promise of change reached across the Florida Straits on Tuesday as Cubans said his victory over John McCain gave them hope for better relations with the United States and improvement in their own lives. Obama's campaign vow to ease the 46-year-old U.S. trade embargo against Cuba and his willingness to consider dialogue with the Cuban government were a breath of fresh air after almost eight years of tough talk and hard-line policies from the Bush adminstration, Cubans said.

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Photo from Reuters Pictures

Traders work at the post that handles shares of Merrill Lynch on the floor of the New York Stock Exchange, July 29, 2008. Merrill Lynch & Co Inc shares fell 5 percent on Tuesday, after the bank said late Monday it was raising $8.5 billion of capital to offset losses from selling $30 billion of repackaged debt at a deep discount. From Reuters Pictures by REUTERS.
3 months ago: Traders work at the post that handles shares of Merrill Lynch on the floor of the New York Stock Exchange, July 29, 2008. Merrill Lynch & Co Inc shares fell 5 percent on Tuesday, after the bank said late Monday it was raising $8.5 billion of capital to offset losses from selling $30 billion of repackaged debt at a deep discount.
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  • Merrill Lynch's Singapore Managing Director and Head of Asia Pacific Advisory, Rahul Malhotra, speaks during an interview at the Reuters Wealth Management Summit in Singapore October 15, 2008. From Reuters Pictures by REUTERS.
  • WASHINGTON - OCTOBER 13:  Merrill Lynch CEO, John Thain leaves the Treasury Department after a meeting October 13, 2008 in Washington DC. U.S. Treasury Secretary Henry Paulson invited the heads of major U.S. banks to meet at the Treasury Department while world banking chiefs are in Washington for meetings of the World Bank and the International Money Fund. From Getty Images.
  • WASHINGTON - OCTOBER 13:  Merrill Lynch CEO, John Thain leaves the Treasury Department after a meeting October 13, 2008 in Washington DC. U.S. Treasury Secretary Henry Paulson invited the heads of major U.S. banks to meet at the Treasury Department while world banking chiefs are in Washington for meetings of the World Bank and the International Money Fund. From Getty Images.
  • WASHINGTON - OCTOBER 13:  Merrill Lynch CEO, John Thain (R) arrives at the Treasury Department October 13, 2008 in Washington DC. Treasury Secretary Paulson invited the heads of major banks to the meet with him at the Treasury Department. From Getty Images.
  • WASHINGTON - OCTOBER 13: Merrill Lynch CEO, John Thain (C) arrives at the Treasury Department October 13, 2008 in Washington DC. Treasury Secretary Paulson invited the heads of major banks to the meet with him at the Treasury Department. From Getty Images.
  • WASHINGTON - OCTOBER 13: Merrill Lynch CEO, John Thain (R) arrives at the Treasury Department October 13, 2008 in Washington DC. Treasury Secretary Paulson invited the heads of major banks to the meet with him at the Treasury Department. From Getty Images.
  • People walk past a Unicredit's bank office window in downtown Milan October 5, 2008. Merrill Lynch and Italy's Mediobanca are working on a 2.0-2.5 billion euro capital increase for UniCredit, Italy's second-biggest bank by market value, a financial source said on Sunday. From Reuters Pictures by REUTERS.
  • A Unicredit's sign is seen at the bank's headquarters in downtown Milan October 5, 2008. Merrill Lynch and Italy's Mediobanca are working on a 2.0-2.5 billion euro capital increase for UniCredit, Italy's second-biggest bank by market value, a financial source said on Sunday. From Reuters Pictures by REUTERS.
  • NEW YORK - OCTOBER 1:  Vice chairman at Merrill Lynch William J. McDonough attends 2008 Global Leadership Awards gala at The Waldorf-Astoria Hotel October 1, 2008 in New York City. From Getty Images.
  • NEW YORK - OCTOBER 1:  Honoree and recipient of the "Champions Of The Millennium Goals" President & COO of Merrill Lynch Gregory Fleming attends 2008 Global Leadership Awards gala at The Waldorf-Astoria Hotel October 1, 2008 in New York City. From Getty Images.
  • A view of the exterior of a Washington Mutual Bank branch in Brooklyn, New York September 26, 2008. Washington Mutual may file for bankruptcy shortly, said Merrill Lynch analyst Kenneth Bruce terminating coverage of the stock. The top U.S. savings and loan bank, whose market value has been virtually wiped out because of soaring mortgage losses, was closed by regulators on Thursday, and its banking assets were sold to JPMorgan Chase & Co  for $1.9 billion. From Reuters Pictures by REUTERS.
  • A woman walks past a Washington Mutual Bank branch during the morning commute in Brooklyn, New York, September 26, 2008. Washington Mutual may file for bankruptcy shortly, said Merrill Lynch analyst Kenneth Bruce terminating coverage of the stock. The top U.S. savings and loan bank, whose market value has been virtually wiped out because of soaring mortgage losses, was closed by regulators on Thursday, and its banking assets were sold to JPMorgan Chase & Co  for $1.9 billion. From Reuters Pictures by REUTERS.
  • Highrise banking buildings at the financial district in Singapore on September 25, 2008. Forget about the financial crisis on Wall Street that sent investment bank Lehman Brothers into bankruptcy and another Wall Street titan, Merrill Lynch, into a takeover by Bank of America. It is business as usual for other global banks which plan to splurge on their exclusive club of valued clients when the Formula One Grand Prix flags off for the first time in Singapore this weekend. From Getty Images by AFP/Getty Images.
  • Highrise banking buildings at the financial district in Singapore on September 25, 2008. Forget about the financial crisis on Wall Street that sent investment bank Lehman Brothers into bankruptcy and another Wall Street titan, Merrill Lynch, into a takeover by Bank of America. It is business as usual for other global banks which plan to splurge on their exclusive club of valued clients when the Formula One Grand Prix flags off for the first time in Singapore this weekend. From Getty Images by AFP/Getty Images.
  • Sheikh Nasser Al-Mohammad Al-Ahmad Al-Sabah, right, Prime Minister of Kuwait, visits the post that trades Merrill Lynch on the floor of the New York Stock Exchange, Monday Sept. 22, 2008. He is accompanied by NYSE CEO Duncan L. Niederauer, and specialist Glenn Carell, left. From AP Photo by Richard Drew.
  • Bear Wagner Specialists'  Patrick Murphy, center, and James Sciulli, left, and Anthony Cerar, of Stifel Nicolaus and Company, work at the post where Merrill Lynch is traded on the floor of the New York Stock Exchange, Friday, Sept. 19, 2008, in New York. Wall Street extended a huge rally as investors stormed back into the market, relieved that the government plans to rescue banks from billions of dollars in bad debt. From AP Photo by Henny Ray Abrams.
  • The Bank of America is seen in Washington,DC on September 18, 2008. Markets were turbulent as they digested the AIG rescue amid anxiety about the state of the world financial system following the dramatic collapse on September 15 of US investment bank Lehman Brothers and the sale of Merrill Lynch to Bank of America. From Getty Images by AFP/Getty Images.
  • A woman walks by a Wachovia bank in Washington,DC on September 18, 2008. Markets were turbulent as they digested the AIG rescue amid anxiety about the state of the world financial system following the dramatic collapse on September 15 of US investment bank Lehman Brothers and the sale of Merrill Lynch to Bank of America. US reports said Morgan Stanley was seeking a merger with Wachovia Corporation or state controlled Chinese conglomerate CITIC. From Getty Images by AFP/Getty Images.
  • A woman walks by a Wachovia bank in Washington,DC on September 18, 2008. Markets were turbulent as they digested the AIG rescue amid anxiety about the state of the world financial system following the dramatic collapse on September 15 of US investment bank Lehman Brothers and the sale of Merrill Lynch to Bank of America. US reports said Morgan Stanley was seeking a merger with Wachovia Corporation or state controlled Chinese conglomerate CITIC. From Getty Images by AFP/Getty Images.
  • The Bank of America and PNC bank building is seen in Washington,DC on September 18, 2008. Markets were turbulent as they digested the AIG rescue amid anxiety about the state of the world financial system following the dramatic collapse on September 15 of US investment bank Lehman Brothers and the sale of Merrill Lynch to Bank of America. From Getty Images by AFP/Getty Images.
  • The Bank of America  building is seen in Washington,DC on September 18, 2008. Markets were turbulent as they digested the AIG rescue amid anxiety about the state of the world financial system following the dramatic collapse on September 15 of US investment bank Lehman Brothers and the sale of Merrill Lynch to Bank of America. From Getty Images by AFP/Getty Images.
  • A Washington Mutual (WaMu) bank branch is seen in New York City, September 17, 2008. Washington Mutual's board would seriously consider a merger offer even at a discount to what the Seattle-based thrift believes it is worth, as it faces mounting pressure to pursue options amid credit-rating downgrades, an analyst at Merrill Lynch said. From Reuters Pictures by REUTERS.
  • A Washington Mutual (WaMu) bank branch is seen in New York City, September 17, 2008. Washington Mutual's board would seriously consider a merger offer even at a discount to what the Seattle-based thrift believes it is worth, as it faces mounting pressure to pursue options amid credit-rating downgrades, an analyst at Merrill Lynch said. From Reuters Pictures by REUTERS.
  • A customer leaves a Washington Mutual (WaMu) bank branch in New York City, September 17, 2008. Washington Mutual's board would seriously consider a merger offer even at a discount to what the Seattle-based thrift believes it is worth, as it faces mounting pressure to pursue options amid credit-rating downgrades, an analyst at Merrill Lynch said. From Reuters Pictures by REUTERS.
  • A man enters a Washington Mutual (WaMu) bank branch in New York City, September 17, 2008. Washington Mutual's board would seriously consider a merger offer even at a discount to what the Seattle-based thrift believes it is worth, as it faces mounting pressure to pursue options amid credit-rating downgrades, an analyst at Merrill Lynch said. From Reuters Pictures by REUTERS.
  • A Washington Mutual (WaMu) bank branch is seen in New York City, September 17, 2008. Washington Mutual's board would seriously consider a merger offer even at a discount to what the Seattle-based thrift believes it is worth, as it faces mounting pressure to pursue options amid credit-rating downgrades, an analyst at Merrill Lynch said. From Reuters Pictures by REUTERS.
  • A Washington Mutual (WaMu) bank branch is seen in New York City, September 17, 2008. Washington Mutual's board would seriously consider a merger offer even at a discount to what the Seattle-based thrift believes it is worth, as it faces mounting pressure to pursue options amid credit-rating downgrades, an analyst at Merrill Lynch said. From Reuters Pictures by REUTERS.
  • A man walks into a branch of Bank of America  September 17, 2008  in the lower Manhattan area of New York. Bank of America announced September 15, it was buying Merrill Lynch for 50 billion USD in stock, scooping up the Wall Street icon battered by the housing and credit crisis. From Getty Images by AFP/Getty Images.
  • A pedestrian walks near an electric market board in Tokyo Wednesday, Sept. 17, 2008. Japan's central bank injected an extra 2 trillion yen (US$18.9 billion) into money markets Wednesday to ensure liquidity as financial markets continue to assess the fallout from the demise of Wall Street giants Lehman Brothers and Merrill Lynch. From AP Photo by Katsumi Kasahara.
  • A pedestrian walks past an electric market board in Tokyo Wednesday, Sept. 17, 2008. Japan's central bank injected an extra 2 trillion yen (US$18.9 billion) into money markets Wednesday to ensure liquidity as financial markets continue to assess the fallout from the demise of Wall Street giants Lehman Brothers and Merrill Lynch. From AP Photo by Katsumi Kasahara.
  • A woman withdraws money from a Bank of America automatic teller machine in New York's financial district September 16, 2008. Bank of America Corp's $50 billion acquisition of Merrill Lynch & Co would mark the end of a storied name in American finance, but create the nation's biggest bank by far. Investors soured after the merger was announced early Monday, worried it magnifies Bank on America's exposure to risky debt in a fragile economy, less than three months after the bank acquired mortgage giant Countrywide Financial Corp. From Reuters Pictures by REUTERS.
  • NEW YORK - SEPTEMBER 16:  A trader speaks on the phone outside of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. U.S. stocks continued to drop Tuesday morning for the second consecutive day, following yesterday's Dow Jones Industrial Average plunge of 4.4% or 504 points, being the worst single day loss since the terrorist attacks of September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.
  • NEW YORK - SEPTEMBER 16:  Pedestrians walk outside of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. U.S. stocks continued to drop Tuesday morning for the second consecutive day, following yesterday's Dow Jones Industrial Average plunge of 4.4% or 504 points, being the worst single day loss since the terrorist attacks of September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.
  • NEW YORK - SEPTEMBER 16:  A Wall St. sign next to the New York Stock Exchange (NYSE) September 16, 2008 in New York City. U.S. stocks continued to drop Tuesday morning for the second consecutive day, following yesterday's Dow Jones Industrial Average plunge of 4.4% or 504 points, being the worst single day loss since the terrorist attacks of September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.
  • NEW YORK - SEPTEMBER 16:  People sit on steps outside of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. U.S. stocks continued to drop Tuesday morning for the second consecutive day, following yesterday's Dow Jones Industrial Average plunge of 4.4% or 504 points, being the worst single day loss since the terrorist attacks of September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.
  • NEW YORK - SEPTEMBER 16: Tourists pose with the Wall St. bull in the financial district September 16, 2008 in New York City. U.S. stocks continued to drop Tuesday morning for the second consecutive day, following yesterday's Dow Jones Industrial Average plunge of 4.4% or 504 points, being the worst single day loss since the terrorist attacks of September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.
  • NEW YORK - SEPTEMBER 16: Traders work on of the floor of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.
  • NEW YORK - SEPTEMBER 16: Traders work on of the floor of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.
  • NEW YORK - SEPTEMBER 16:  A trader works on of the floor of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.
  • NEW YORK - SEPTEMBER 16:  A trader works on of the floor of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.
  • NEW YORK - SEPTEMBER 16:  A trader works on of the floor of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.
  • NEW YORK - SEPTEMBER 16:  A trader works on of the floor of the New York Stock Exchange (NYSE) September 16, 2008 in New York City. In trading yesterday the Dow Jones Industrial Average fell 4.4% or 500 points, its worst single day loss since the terrorist attacks in September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. From Getty Images.


Just in from Reuters Pictures

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Soccer star David Beckham (L) chats with actor David Arquette as they watch the Los Angeles Lakers play the Chicago Bulls in their NBA basketball game in Los Angeles November 18, 2008. From Reuters Pictures by REUTERS.

Soccer star David Beckham (L) chats with actor David Arquette as they watch the Los Angeles Lakers play the Chicago Bulls in their NBA basketball game in Los Angeles November 18, 2008.

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Cleveland Cavaliers forward Lebron James (R) celebrates with guard Mo Williams after he scored against the New Jersey Nets in the fourth period of their NBA basketball game in East Rutherford, New Jersey November 18, 2008. From Reuters Pictures by REUTERS.

Cleveland Cavaliers forward Lebron James (R) celebrates with guard Mo Williams after he scored against the New Jersey Nets in the fourth period of their NBA basketball game in East Rutherford, New Jersey November 18, 2008.

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Car enthusiasts look at Ford's 2010 Mustang at an unveiling in Santa Monica, California November 18, 2008. Ford Motor Co. unveiled a new version of its iconic Mustang sports car on Tuesday with an exterior that differs in every way from its predecessor, except for the roof panel. From Reuters Pictures by REUTERS.

Car enthusiasts look at Ford's 2010 Mustang at an unveiling in Santa Monica, California November 18, 2008. Ford Motor Co. unveiled a new version of its iconic Mustang sports car on Tuesday with an exterior that differs in every way from its predecessor, except for the roof panel.

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Los Angeles Lakers' Pau Gasol of Spain celebrates a basket against the Chicago Bulls during their NBA basketball game in Los Angeles, November 18, 2008. From Reuters Pictures by REUTERS.

Los Angeles Lakers' Pau Gasol of Spain celebrates a basket against the Chicago Bulls during their NBA basketball game in Los Angeles, November 18, 2008.

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Chicago Bulls Drew Gooden (R) commits a flagrant foul on Los Angeles Lakers Vladimir Radmanovic during the first half of their NBA basketball game in Los Angeles, November 18, 2008. From Reuters Pictures by REUTERS.

Chicago Bulls Drew Gooden (R) commits a flagrant foul on Los Angeles Lakers Vladimir Radmanovic during the first half of their NBA basketball game in Los Angeles, November 18, 2008.

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Los Angeles Lakers' Pau Gasol of Spain (L) dunks against the Chicago Bulls during their NBA basketball game in Los Angeles, November 18, 2008. From Reuters Pictures by REUTERS.

Los Angeles Lakers' Pau Gasol of Spain (L) dunks against the Chicago Bulls during their NBA basketball game in Los Angeles, November 18, 2008.

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Los Angeles Lakers Kobe Bryant (L) goes up to score against the Chicago Bulls Ben Gordon during the first half of their NBA basketball game in Los Angeles, November 18, 2008. From Reuters Pictures by REUTERS.

Los Angeles Lakers Kobe Bryant (L) goes up to score against the Chicago Bulls Ben Gordon during the first half of their NBA basketball game in Los Angeles, November 18, 2008.

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