Stocks Plunge As Whitehouse Haggles Rescue ; Us Resistance Sees Banks Hit Hard
Daily Post › September 24, 2008
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Summary
BLUE chip companies were nursing another day of losses last night as a debate raged in the US over a proposed 700 billion dollar (pounds 383bn) banking bailout.
The FTSE 100 Index fell 1.9%, or more than 100 points, following a 1.4%, 75 point drop seen on Monday as trading conditions remained jittery.See the full content of this document
Extract
Stocks Plunge As Whitehouse Haggles Rescue ; Us Resistance Sees Banks Hit Hard
Yesterday's fall came amid signs that Washington's much-heralded rescue package to relieve the banks of their "toxic" assets was running into stiff opposition fro...
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