Originally published by the Voice of America (www.voanews.com).
Voice of America is funded by the US Federal Government and content it
exclusively produces is in the public domain.
September 15, 2008

McCain 'Glad' Taxpayer Dollars Won't Bail Out US Bank
-----------------------------------------------------

http://enews.voanews.com/t?ctl=1E33767:A6F02AD83191E1601A95381F880728F32A201403E89ED254&
 
Republican presidential candidate says duress at Lehman Brothers is
latest reminder of ineffective regulation, management in financial
sector 
Republican presidential candidate John Mc Cain and wife Cindy in Loudon,
New Hampshire 14 Sep 2008U.S. Republican presidential candidate John Mc
Cain says he is glad the U.S. bank Lehman Brothers is not being bailed
out with taxpayer dollars. Mc Cain released the statement Monday after
Lehman Brothers announced it is filing for bankruptcy. He said the
duress at Lehman Brothers is the latest reminder of ineffective
regulation and management in the financial sector. Mc Cain is scheduled
to make several appearances in the southeastern U.S. state of Florida
Monday. Sunday, Democratic presidential candidate Barack Obama announced
he has raised a record $66 million last month in campaign funds. The
Illinois senator's campaign said he reached the new record by enrolling
500,000 new donors. Mc Cain has raised $47 million. August was the last
month Mc Cain could raise private funds. The Arizona senator accepted
public financing for the November general election, while Obama rejected
it so he!
  could raise more in private donations. Obama is the first major
presidential candidate to reject the millions of dollars in public funds
available for the general election since the system was put in place in
the 1970s. 


.