Word of possible financial crisis fix lifts stocks (AP)

Courtesy Ytop stories  Thu, 09/18/2008 - 7:15pm

Trader Stephen Guilfoyle uses a phone post as he works on the floor of the New Yorn Stock Exchange, Thursday Sept. 18, 2008.<br /><br />Stocks rebounded Thursday from the previous session's massive rout, but safe assets such as gold and Treasury bills still saw heavy demand as investors braced for more instability in the financial system.<br /><br />(AP Photo/Richard Drew)AP - Wall Street finally found reason to rally Thursday, soaring on a report that the Bush administration was considering setting up a government agency to soak up bad loans and mortgages.

But it was far from clear that the government had settled on any solution to the worst crisis on Wall Street in decades.



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