Wild Day Caps Worst Week Ever for Stocks

The Dow Jones Industrial Average capped the worst week in its 112-year history with its most volatile day ever, as hopes for a major international bank-rescue plan were overwhelmed at day’s end by another wave of selling.
Some investors who normally would be jumping to buy beaten-down stocks after a 22% drop over eight trading days [...]

Global Stock Selloff, Stock Market Crash

Markets fall on fears about world crisis - expectations mount for response.
Global fears about the financial crisis deepened on Friday as stock markets the world over fell sharply and government officials scrambled to contain the damage.

Stock Market meltdown, Global problem, global cure

Investing experts say Europe needs to address its banking problems to get markets back on track - but stocks may almost be cheap enough to attract more foreign cash.
Global stock markets are in free fall Monday as European banks are starting to look like they may need their own bailout. In fact, several large financial [...]

Investors pull $43B out of stock funds

With the credit crisis intensifying, the amount of cash removed from stock mutual funds spiked higher, investors pull money out of bond funds too.
As the nation’s economic crisis deepened, investors pulled $43.3 billion from stock mutual funds, according to a report released Thursday.
The amount of money being removed from funds that invest in both U.S. [...]

US Government takes over mortgage giants

By Martin Crutsinger and Alan Zibel, AP Business Writers
US Government seizes control of mortgage giants Fannie Mae and Freddie Mac
WASHINGTON (AP) — The Bush administration’s seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it will help reverse a prolonged housing and credit crisis.
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The historic move [...]