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Banks' Woes Spur Fear Of Reluctance to Lend; Stocks React Sharply.

Authors :
Ng, Serena
Mollenkamp, Carrick
Source :
Wall Street Journal - Eastern Edition. 11/2/2007, Vol. 250 Issue 105, pA1-A9. 2p. 1 Graph.
Publication Year :
2007

Abstract

The article focuses on the serious impact a large drop in stock market indexes in the U.S. which was seen on November 1, 2007 has had on banks, including Citigroup Inc, and brokerage firms, including GMAC, in the United States. A discussion of the factors which led to the drop, including concerns from investors linked to poorly performing financial firms, is presented.

Details

Language :
English
ISSN :
00999660
Volume :
250
Issue :
105
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
27297772