Lehman Sees $3.9 Billion Loss and Plans to Shed Assets

Lehman Brothers said that it would sell a majority stake in its investment management unit and spin off commercial mortgages as it tries to stay afloat.

Paper Cuts: A Playlist by Jonathan Miles

1) Flat Chested Girl from Maynardville, Bobby Bare Jr. and the Young Criminal's Starvation League. My favorite song involving cat torture. Bobby Bare Jr. was nominated for a Grammy at the age of five, for the song "Daddy What If," which he recorded with his daddy (Bobby Bare Sr.). That song was written by Shel Silverstein, and there's something Silverstein-esque about this song, too, about an angst-blasted teenage girl in her bedroom: the goofy, playful title, the calliope-like organ swirls, and the dark lyrical wit that gets darker and darker until, really, it's scraping dark bottom (that's when the cat gets it).

Baghdad Bureau: Kurds Use Police to Enhance Their Power

In Kirkuk, Richard A. Oppel Jr. and Suadad al-Salhy report that Kurds are increasingly using their control of the Iraqi police and their own secret police to further enhance their power.

For ’08 Rivals, a Skein of Ties to Loan Giants

Senators Obama and McCain each cite the mess at Fannie and Freddie as a consequence of lobbying, but each has ties of his own.

Curator at Met Named Director of the Museum

The Metropolitan Museum of Art reached into its own ranks to choose Thomas P. Campbell, a tapestries curator, to succeed Philippe de Montebello.

News Analysis: A New Voice From Within at the Met

In selecting Thomas P. Campbell as its next director, the museum affirmed its own priorities.

OPEC Takes Steps to Cut Oil Production

Oil producers call for compliance with quotas, effectively cutting output if members follow through with the decision.

Ike Gains Strength Over Gulf and Aims for Texas

Hurricane Ike barreled across the Gulf of Mexico on its way toward Texas after crashing through Cuba’s tobacco country and toppling aging Havana buildings.

Campaigns Adjust Their Pace to Meet Short Season

Candidates have a shorter election season, partly due to more early voting.

Scientists Launch Particle Collider

The most powerful microscope ever built for investigating the elemental particles of nature was turned on at the Swiss-French border.

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