Bush plea for calm as bank crisis sparks global panic and stock market faces 'worst c

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Bush plea for calm as bank crisis sparks global panic and stock market faces 'worst c

17th March 2008, 16:21:PM

Global markets were plunged a downward spiral today after the buy-out of investment bank Bear Stearns, with the FTSE down 200 points on its opening figure at one point during trading. President George Bush admitted the U.S. economy was experiencing 'challenging times' but that the country was 'on top of the situation'

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Tags: bank, crisis, economy, ftse, global, investment, ock

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Bush plea for calm as bank crisis sparks global panic and stock market faces 'worst c

Bush plea for calm as bank crisis sparks global panic and stock market faces 'worst c

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