17.15:The market experienced sharp turnaround after learning Bear Stearns was teetering brink having gone cap-in-hand US Federal Reserve for emergency funding Mickey Clark




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Market report: Friday close - 17.15:The market experienced sharp turnaround after learning Bear Stearns was teetering brink having gone cap-in-hand US Federal Reserve for emergency funding Mickey Clark




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Finance Articles


Credit crisis rocks world's major banks

Home  Mar, 2008

Credit crisis rocks world's major banks - The world banking system was plunged into fresh crisis today as one of America's biggest banks teetered verge of collapse Pound dollar notes
Market report: Friday close - 17.15:The market experienced sharp turnaround after learning Bear Stearns was teetering brink having gone cap-in-hand US Federal Reserve for emergency funding Mickey Clark






Credit crisis rocks world's major banks  [03/14/2008 10:01 PM]
The world banking system was plunged into fresh crisis today as one of America's biggest banks teetered on the verge of collapse Pound and dollar notes
Market report: Friday close  [03/14/2008 10:01 PM]
17.15:The market experienced a sharp turnaround after learning Bear Stearns was teetering on the brink having gone cap-in-hand to the US Federal Reserve for emergency funding Mickey Clark




US bank Bear Stearns in crisis  [03/14/2008 03:28 PM]
US investment bank Bear Stearns said today it had been forced into a funding bail-out after a cash crisis for the business worsened Wall Street, New York Stock Exchange early Tuesday morning Jan. 22, 2008
Rail passengers pay £1bn a year for delays  [03/14/2008 12:58 PM]
Train delays cost passengers £1bn a year in lost time, according to figures released today Commuters


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Darling 'must raise taxes' to fund spending  [03/14/2008 12:14 PM]
Voters face the equivalent of up to 3p more on income tax after the next general election, economists warn Alistair Darling with Budget box
Tories say no tax cuts on either side  [03/14/2008 11:14 AM]
George Osborne has said lowering taxes remains a long-term ambition, signalling taxpayers will not get an immediate break from either side in the next election George Osborne, Conservative Shadow Chancellor


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Soaring oil spells real trauma  [03/14/2008 10:33 AM]
Previous oil price booms have always turned to bust, but this time there are powerful arguments why it may be different
VW-Porsche merger turns nasty with power struggle  [03/14/2008 10:32 AM]
Car wars between the ruling clans of VW and Porsche are poised to spill over into a final encounter which will leave just one family holding the reins of power Wendelin Wiedeking, chairman Porsche


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30 second guide to the tax burden  [03/14/2008 10:11 AM]
The Daily Mail City Team explain the situation regarding the UK's Tax Burden
Two-bed semi that will cost you £1m  [03/14/2008 10:11 AM]
How 'awesome, front-line views' mean that a small seaside house is a potential magnet for Russian tycoons 1m House in St Ives Cornwall


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Credit crunch claims a new victim  [03/14/2008 09:51 AM]
The failure of Carlyle Capital Corp provides a stunning insight into the debt-fuelled hubris and greed which has brought America to the brink of recession
Market report: Friday latest  [03/14/2008 09:51 AM]
09.30:Goldman Sachs has downgraded the share rating of the big food retailers because it thinks rising costs are now starting to put pressure on margins Traders


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Darling 'must raise taxes' to balance books  [03/14/2008 09:14 AM]
Voters face the equivalent of up to 3p more on income tax after the next general election, economists warn Alistair Darling with Budget box
Tories will offer both parents six months off  [03/14/2008 09:14 AM]
New mothers and fathers will get the right to take six months off work together under reforms being unveiled by David Cameron today Baby


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Computer nerd who turned £8,000 into £417m  [03/14/2008 08:57 AM]
Three years ago, Briton Michael Birch and his American wife set up a social networking internet site with £8,000 and a great deal of optimism Michael and Xochi Birch, founders of Bebo
Taxman can make dawn raid on your home  [03/14/2008 08:57 AM]
Revenue & Customs inspectors have won new powers to tackle tax dodging that costs the country an estimated £41bn a year HM Revenue & Customs logo


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US pair 'conned £35m from elderly Brits'  [03/14/2008 08:37 AM]
A father and daughter team have been arrested in the US for conning £35m out of thousands of British victims in a massive boiler-room scam Paul Gunter's home in Florida
Market report: Friday preview  [03/14/2008 08:03 AM]
Leading shares are expected to get off to a slightly higher start after Wall Street reversed early falls after a reassuring report on the credit crisis emerged Traders


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Market report: Thursday close  [03/13/2008 05:16 PM]
16.50:The City's big income funds have started queuing to buy shares in a company called Eurasian Natural Resources which is due to make its debut among the UK's top 100-listed companies Mickey Clark
Gold price reaches $1,000 landmark  [03/13/2008 04:20 PM]
The price of gold soared to a record high of $1000-an-ounce today, fuelled by a weakening dollar, strong demand and the rising cost of oil| How to invest in gold Gold Bars


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Shares and dollar dive as US faces slump  [03/13/2008 02:35 PM]
Fears over the health of the global economy grew today 24 hours after Alistair Darling insisted Britain would weather the storm Traders Stock exchange
Ninety-six per cent get slow broadband  [03/13/2008 11:53 AM]
Ninety-six per cent of internet users with ultra-high-speed broadband packages are not getting what they pay for, according to a study broadband cables


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Worrying signals we're going bust  [03/13/2008 11:53 AM]
In the tidal wave of comment that followed yesterday's Budget, the trade association for insolvency specialists, R3, struck a particularly relevant note, albeit on one of the Budget's more obscure provisions
£520 NI 'stealth tax' if you earn £40,000  [03/13/2008 11:53 AM]
The Chancellor was today accused of inflicting a £520 National Insurance 'stealth tax' on middle-class workers that will fall hardest on Londoners Commuters


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Budget 2008: A false dawn for Darling  [03/13/2008 11:22 AM]
There will no doubt be sycophants in Whitehall telling the Chancellor that the surge in the Footsie in Budget day trading was all down to what he had to say