Stocks slump on AIG, housing

Courtesy CNN Money  Wed, 09/17/2008 - 8:38am

Stocks tumbled Wednesday morning, as the government's rescue of AIG and Barclays' purchase of some of bankrupt Lehman's operations underscored the ongoing turmoil in financial markets.



 

More related items

Crisis threatens insurance giant
Concerns mount about the future of US insurance giant AIG as investors fear a domino effect in the wake of Lehman's collapse.

Recession fears hit stock markets
European and Asian markets fall sharply amid growing concerns that the world economy will enter a protracted slump.

Credit freeze: What Lehman wrought
Lehman Brothers' epic collapse two months ago marked a stunning turning point in the financial markets from which Wall Street is still recovering.

Credit freeze: 2 months after Lehman
Lehman Brothers' epic collapse two months ago marked a stunning turning point in the financial markets from which Wall Street is still recovering.

Barclays' Gulf cash move attacked
Barclays' plans to raise up to £5.8bn from the Middle East have been attacked by a key advisory group, the BBC learns.


 

Post new comment

The content of this field is kept private and will not be shown publicly.