Obama sees progress toward bailout deal

WASHINGTON (Reuters) - Presidential candidate Barack Obama said on Friday that talks between lawmakers and the White House over a proposed $700 billion financial bailout were yielding progress and a deal is possible.

"I am optimistic that we can get something done. I think there is real progress being made, this morning and last night," the Democratic candidate said, a day after talks at the White House on the proposal broke down in acrimony.

(Reporting by Caren Bohan; Editing by Bill Trott)