The Round-Up: Thursday

With the $700 billion bailout plan failing to spur credit markets, the Treasury considers taking direct ownership of some U.S. banks. [NY Times]

Cuomo subpoenas four private insurance companies that sold disability coverage to L.I.R.R. employees and five doctors who examined them as part of the ongoing investigation into the railroad's pension system. [NY Times]

After cutting a number of patrol posts, the Port Authority eliminates the position of police chief, saying goodbye to Christopher Trucillo. [NY Times]

Danish parks department officials wowed by the quality and cleanliness of NYC’s green spaces. [NY Times]

As change ripples through Harlem, long-time black-owned businesses like the Record Shack are forced to take to the streets to make ends meet. [NY Times]

Rising interest rates sparked by Wall Street collapse could break MTA’s budget by tens of millions of dollars. [NYDN]

Larry Silverstein and the Port Authority in costly battle over Ground Zero’s “Berlin Wall.” [NYDN]

In the midst of America’s financial crisis, Latin American immigrants recall similar catastrophes back home in Venezuela and Mexico. [NYDN]

Superheroes take to New York’s streets armed with sandwiches for the homeless. [NYDN]

New Yorkers consider ditching banks for the relative safety of the shoebox. [NY Post]

Former Daniel chef with a taste for BBQ makes a kid-safe home in Hell’s Kitchen. [NY Post]

Gimme Shelter: A $5.5 million price-cut for Chupi's triplex; Home Shopping Network regular Adrien Arpel scoops up a $5.9 million Fifth Avenue co-op; Southampton estate formerly owned by Henry Ford II to be offered as a six-figure summer rental. [NY Post]

California’s recession provides a preview of the troubles on the way for the rest of the country. [WSJ]

Though the number of homes available for sale declined slightly in September, inventory levels remain far above average. [WSJ]