Struggling to stave off financial catastrophe, the Bush administration laid out a radical bailout plan calling for a takeover of a half-trillion dollars or more in worthless mortgages and other bad debt held by tottering institutions. Relieved investors sent stocks soaring on Wall Street and around the globe.
China's food safety crisis widened after the industrial chemical melamine was found in milk produced by three of the country's leading dairy companies.
Hours after performing for thousands of South Carolina college students, former Blink-182 drummer Travis Barker and celebrity DJ AM were critically injured in a fiery Learjet crash that killed four people. (DJ AM, whose real name was Adam Goldstein, was found dead in his apartment on Aug. 28; he was 36.)
Baseball's new instant replay system produced its first reversal when Tampa Bay's Carlos Pena had a two-run double changed to a three-run homer during the fourth inning of a game against Minnesota. (The Rays beat the Twins, 11-1.)
Dean Allen was born and raised in Spokane, Washington and graduated from high school in 1969. He spent 4 years in the Air Force and went into broadcasting after discharge in 1975. Dean stayed in Spokane where he and his wife raised their two children. Dean has been in the Spokane radio market since 1982. When Dean’s not on-air you will most likely find him on the golf course, watching sports or spending time with his two grandchildren!
Teresa has been on the air in Spokane for more than two decades as a co-host & news anchor on two successful morning radio shows and a familiar face to Inland Northwest TV viewers as a morning news reporter and anchor. Her work behind the scenes includes producing and hosting numerous special programs like 4-Your Health, ExplorerTV, and Bloomsday coverage.