Wall Street opens with more heavy losses. The volatile world market is gauging heavily on U.S. Investors fears as the day continues. With hours left in the day’s trading panic remains at an all time high. President Bush’s pleas to remain calm amongst the overwhelming evidence of fear and greed seems to provide no relief. Bush claims the government will continue to work at returning stability to the markets and resolve the economic crisis. Lending markets have become deserts amid the crisis and businesses are finding it difficult to function on a daily basis. European markets are feeling the horror as well. London, France and Germany are down 10 percent. Banks in Scotland down over 20 percent. The domino effect is in motion with no apparent end in sight.
Legal news reporter: Heather L. Ryan, www.JusticeNewsFlash.com