» This Story:Read +|Watch +|Talk +| Comments
» This Story:Read +|Watch +| Comments
» This Story:Read +|Watch +|Talk +| Comments
» This Story:Read +|Watch +|Talk +| Comments
» This Story:Read +|Watch +| Comments
» This Story:Read +|Watch +|Talk +| Comments
» This Story:Read +|Watch +| Comments
» This Story:Read +|Watch +| Comments

Wall Street in Turmoil

Global stocks have experienced wild fluctuations this week in the wake of the U.S. government's seizure of insurance giant American International Group, the failure of Lehman Brothers, the disappearance of Merrill Lynch as an independent company and reports the U.S. government will set up a government entity to take on bad debts from financial institutions.

Note: Please upgrade your Flash plug-in to view our enhanced content.

This Story
How Your Money-Market Fund Just Got Safer
Article | Until yesterday, individuals and businesses invested in money-market mutual funds at their own risk. Now, the government is offering to backstop such investments. The program was put together so quickly that the government was still nailing down the specifics yesterday. "All the details are subje...
This Story
Despite Late Surge, Markets Still Show Signs of Instability
Article | The rampaging credit crisis continued to roil the world's markets yesterday, but in a week of steep downdrafts, U.S. stock prices rallied on news of the government efforts to shore up the global financial system.
This Story
Pearlstein: Orchestrating a Process Neither Neat Nor Fair
Article | When it comes to playing high stakes poker, Hank Paulson knows when to hold 'em and when to fold 'em.
This Story
Bailout Proposal Meets Bipartisan Outrage
Article | The Bush administration sent some of its most powerful figures to Capitol Hill yesterday to rally support for a $700 billion plan to revive the U.S. financial system, but they encountered stiff resistance from lawmakers who are deeply skeptical of the proposal and angered by the administration's...
This Story
No Bailout: Feds Made New Policy Clear in One Dramatic Weekend
Article | When Treasury Secretary Henry M. Paulson Jr. flew to New York Friday evening, he brought only one change of clothes. And he planned to send a simple message to the powerbrokers of the financial world: No government bailouts would be offered to Wall Street.
This Story
Fed Leaves Key Rate Unchanged
Article | The Federal Reserve yesterday elected to leave the interest rate it controls unchanged, rebuffing calls to bolster the economy at a time of global turmoil in financial markets.
This Story
Wall Street Troubles: Are They Too Much to Bear?
Article | NEW YORK -- If you're one of those Manhattan-haters who hopes the city has been truly smacked upside the head by all the grim news out of Wall Street, listen to Alan Matarasso, a plastic surgeon with an office on Park Avenue.
This Story
Rescue Rally, Day 2
Article | Wall Street's tumultuous week, which included the disappearance of two major investment firms and the rescue of the nation's largest insurer, culminated with a nearly 400-point rally yesterday as the government laid out a financial rescue plan that could cost hundreds of billions of dollars.

Network News

X Profile
View More Activity
» This Story:Read +|Watch +|Talk +| Comments
» This Story:Read +|Watch +| Comments
» This Story:Read +|Watch +|Talk +| Comments
» This Story:Read +|Watch +|Talk +| Comments
» This Story:Read +|Watch +| Comments
» This Story:Read +|Watch +|Talk +| Comments
» This Story:Read +|Watch +| Comments
» This Story:Read +|Watch +| Comments
© 2008 www.washingtonpost.com