Business

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Dollar hoarding and currency speculation are so rampant that citizens were asked to stop "greedily pursuing private interests."
As problems with U.S. subprime mortgages metastasized this year into a worldwide stock-market meltdown, currency and stocks in South Korea, a high-tech, export-driven country, have lost about a third of their value. Although South Korea's economic fundamentals are relatively strong, the country hasn't escaped the global crisis. (By Ahn Young-joon -- Associated Press)

Dow Fluctuates After Steep Drop at Opening

U.S. stocks continued a relentless sell-off as fears of global recession continue to overtake government efforts to address the financial crisis.

• Bush Calls For Calm in Markets


Treasury Weighs Investing in Banks

Sources say Bush administration finalizes details of plan that would allow government to inject cash into banks in exchange for ownership stakes in an effort to shore up confidence in financial system.

• Citigroup Ends Bid for Wachovia


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Trace the History Of Virginia, and Of Its Plumbing:  Remnants of Estate Remain Amid Strip Malls, Subdivisions (Post, October 11, 2008; Page F01)

Where Fantasy Meets Reality:  The Emotions of Buying and Selling (Post, October 11, 2008; Page F01)

Bush Says Markets Must Remain Calm Despite Challenges (Post, October 10, 2008; 1:15 PM)

Asian, European Stocks Plummet (Post, October 10, 2008; 8:24 AM)

Citigroup Ends Bid To Buy Wachovia (Post, October 10, 2008; Page D01)

PAIN AT HOME:  Detroit's Ills Symptomatic Of a Manufacturing Plague (Post, October 10, 2008; Page A01)

Hard Times On the Thames:  Even London's Richest Are Falling Down (Post, October 10, 2008; Page C01)

ANALYSIS:  The End Of American Capitalism? (Post, October 10, 2008; Page A01)

Fears of Recession Deepen Rout:  Stock Decline Sweeps Through All U.S. Sectors and Pummels Asian Markets (Post, October 10, 2008; Page A01)

Budget Shortfall Forces Va. to Cut Hundreds of Jobs (Post, October 10, 2008; Page A01)

Video: Cutting Back (washingtonpost.com, October 8, 2008; 7:11 PM)

Gulf States Lose Their Swagger Amid Regionwide Sell-Off (Post, October 10, 2008; Page D01)

Candidates Spar Over McCain Plan for Loans:  Proposal Introduced In Second Debate (Post, October 10, 2008; Page A03)

TUMULT ABROAD:  'Nordic Tiger' Iceland Finds Itself in Meltdown (Post, October 10, 2008; Page A01)

Optimistic That Alarm Could Inspire an Answer (Post, October 10, 2008; Page D01)

Financial Crisis Tests Limits of Unity Within the E.U. (Post, October 10, 2008; Page A14)

PR Consultant Helped Palin Grab Spotlight (Post, October 10, 2008; Page A01)

Bush to Address Nation Friday About Economic Crisis (Post, October 9, 2008; 6:56 PM)

Q&A Transcript:  Pearlstein: Financial Meltdown (washingtonpost.com, October 7, 2008; 11:00 AM)

Latest From the Wire
Obama and McCain exchange blows over economy
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Obama and McCain exchange blows over economy
(Reuters, October 10, 2008; 6:04 PM)

Apple shares surge, investors like valuation
(Reuters, October 10, 2008; 5:22 PM)

GM, Ford say not considering bankruptcy
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Mitsubishi UFJ may seek to change M.Stanley deal: report
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Live Business Discussions
Making Sense of the Global Financial Crisis: Bush Says High Anxiety About Market Instability Making Problem Worse
(Olivier Garret, October 10, 2008; 12:00 PM)

Major Global Economic Downturn: Bleakest Forecast in Years
(Laura Ellen Kodres, October 9, 2008; 2:00 PM)

Transcript: Color of Money Live
(Michelle Singletary, October 9, 2008; 12:00 PM)

Transcript: Pearlstein: Financial Meltdown
(Steven Pearlstein, October 7, 2008; 11:00 AM)

U.S. Stocks Sink As Financial Fear Spreads: Dow Drops Below Threshold for the First Tme Since October 2004
(Brian Rauscher, October 6, 2008; 2:30 PM)
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Post Personal Finance Headlines
Know the Rules to Keep Your Cash Safe
(By Michelle Singletary, October 9, 2008; Page D02)

Obituaries: Publishing Executive Todd Kiplinger, 62
(Post, October 8, 2008; Page B07)

Playing Defense at Vanguard Selected Value
(null, October 8, 2008)

A New Economic Agenda
(Knight Kiplinger, Editor in Chief, Kiplinger publications, October 8, 2008)

As Goes Fertilizer, So Goes the Market?
(Elizabeth Ody, Associate Editor,, October 8, 2008)
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Latest Tech News From The Post

MoveOn Grows Up
(Post, October 9, 2008, Page C01)

Cameras Get Cheaper, but at a Price
(Post, October 9, 2008, Page D03)

25% of Wild Mammal Species Face Extinction
(Post, October 7, 2008, Page A13)

High Court Lets Dish Ruling Stand
(Post, October 7, 2008, Page D03)

EBay to Fire 10 Percent of Workers, Buy Bill Me Later
(Post, October 7, 2008, Page D04)
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