Bank buy-out sends world markets plunging

Worldwide markets recorded heavy losses today following the emergency bail-out of US investment bank Bear Stearns.

Bank buy-out sends world markets plunging
Mon, 17 Mar, 2008 - 22:51

Worldwide markets recorded heavy losses today following the emergency bail-out of US investment bank Bear Stearns.

But the Dow Jones industrials recovered towards the end of trading to finish up about 21 points, despite being down 200 points in early trading.

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CourtsBusinessHeathrowPlace: USPlace: United States Of AmericaPlace: UKPerson: President George BushPerson: BushPerson: Barack ObamaPerson: presidentPerson: AmericansPerson: first ladyPerson: Hillary ClintonOrganisation: Bear StearnsOrganisation: JP Morgan Chase & CoOrganisation: Federal ReserveOrganisation: United StatesOrganisation: DemocraticOrganisation: Democratic PartyOrganisation: Wall StreetOrganisation: Bank of EnglandOrganisation: Bank of JapanOrganisation: Royal Bank of Australia
<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

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