Global Markets Rally On Bailout News (at Forbes.com)
LSE halts trading after connection problems with clients (at MarketWatch)
Connectivity problems with brokers led the London Stock Exchange
to halt trading Monday morning, while rival exchanges benefited
from heavy trading volumes in the financial sector.
Before the Bell: Fannie, Freddie, Lehman, WaMu, UST, Boeing in spotlight (at MarketWatch)
U.S. stock futures leaped Monday after the government seized
mortgage giants Fannie Mae and Freddie Mac , guaranteeing that
trillions of dollars in mortgage-backed securities won't
default anytime soon and triggering hopes that banks will resume
lending to both customers and each other.
The Bailout Boon For Euro Banks (at Forbes.com)
The Credit Squeeze Hits Global Properties (BusinessWeek)
Developers of commercial properties from London to Tokyo are
suffering as banks cut lending
Indications: U.S. stock futures jump on Fannie, Freddie seizure (at MarketWatch)
U.S. stock futures leaped Monday after the government seized
mortgage giants Fannie Mae and Freddie Mac, guaranteeing that
trillions of dollars in mortgage-backed securities wont default
anytime soon and triggering hopes that banks will resume lending
to both customers and each other.
Fannie, Freddie Rescue to Spark Rally (at CNBC)
Europe Markets: European shares surge on U.S. mortgage rescue plan (at MarketWatch)
European shares stage a big surge, greeting the U.S.
government's plan to bail out home mortgage giants Fannie
Mae and Freddie Mac.