Financial meltdown

parisA trader reacts as he watches financial markets on a computer in Paris, at Meesschaert Asset Management. Desperate new measures by ...

parisA trader reacts as he watches financial markets on a computer in Paris, at Meesschaert Asset Management. Desperate new measures by governments in Europe and North America to stabilize the financial system failed to stop panic selling that swept global markets Monday amid deepening gloom at the scope of the banking crisis. Individual European governments issued a flurry of deposits.

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