Tuesday, October 07, 2008

Financial Turmoil Deepening In Europe

The financial turmoil shaking Wall Street is also taking a toll in Europe, where authorities moved to assure bank depositors that their money was safe, and a bailout was planned for a large German lender. European leaders are struggling to deliver a unified response to the crisis. Today, French bank BNP Paribas had to rescue a major Belgium bank.

read more | digg story

No comments: