More troubling economic news broke as insurance company AIG gave 80% of its company to the federal government in exchange for an 85 billion dollar two year loan, and rumors of a Morgan Stanley-Wachovia merger swirl.

Dan Gheesling was announced the winner of Big Brother 10 in the show’s finale on Tuesday night.

Republican vice-presidential nominee Sarah Palin and Katie Couric will sit down for an interview set to air September 29 and 30 on CBS’s news programs.

One more celebrity arrest for the annals: Ryan O’Neal and his son Redmond were both arrested for drug possession today in Malibu, California.

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