Home | Business News | Browse by Publication | T | The Daily Mail (London, England)

Markets drown in a sea of red; Day of the big dipper: Bear Stearns' emergency rescue sent shockwaves through the Footsie, above.

Publication: The Daily Mail (London, England)
Publication Date: 18-MAR-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Byline: Karl West

BANK of England governor Mervyn King yesterday pumped in [pounds sterling]5bn ofemergency funds in an attempt to thaw the frozen money market and restoreconfidence in the wake of the Bear Stearns collapse.

The move epitomised the fear and uncertainty in the markets on a roller-coasterday for stocks and shares.

Britain's leading lenders almost bit King's hand off as the injection ofshort-term loans was 4.7 times...



More articles from The Daily Mail (London, England)
BUSH'S PLEA FALLS ON DEAF EARS., March 18, 2008
IS THERE ANY WAY TO HALT THE SLIDE? Feeling the crunch: A trader shows..., March 18, 2008
Rolls-Royce rebel; Eccentric: Nubar Gulbenkian gets out of his 'hackne..., March 18, 2008
TODAY'S RECIPE: Gnocchi with roasted squash and goat's cheese.(Recipe), March 18, 2008
PIENAAR TO SIGN, BUT WHAT OF THE BOSS? Moyes: will want assurances., March 18, 2008

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.