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gadhafi. they say they are on the verge of taking the port city of sirte. a spade of killings at a port on the mekong river has interrupted cargo trade between children that and thailand. at least 12 sailors were murdered in what may have been a drug traffic attempt. investigations are continuing. severe weather in new zealand is hampering efforts to corn taken an oil spill off the country s north eye land. authorities are trying to pump the remaining oil off a ship that struck a reef last wednesday. 30 tons of oil has leaked from the vessel. those are the headlines from cnn, the world s news leader. i m monita rajpal. world business today starts right now. good morning from cnn london, i m charles hod southern. and good afternoon from cnn hong kong, i m andrew stevens. welcome to world business today. the top stories monday, october 10th. bell jen bank agrees to its bailout. are more bank rescues on the way? and weather hampers efforts to contain an oil ....
Committee. and that s how we re going to fix the front end of the system. the consumer part. you can t make it up. that s the plan. no joke. and then there s the issue of derivatives. where the lawmakers can open up a huge loophole in senator lincoln s proposal, but not only exempting end users who want your taxpayer-subsidized insurance free of charge to them. but on you. they also want to exempt foreign derivatives, all of this being done backstage at the treasury as they lean on blanche lincoln to try to make her not do the right thing. we mentioned before, would combine the bill would combine this carve-out, the derivative carve-out, with end user carve-out. you put that together, there s three-dwaerts of the derivatives still in secret without transparency requirements. even warren buffett are lobbying to get reform for everybody ....