Rough Start On Wall Street

Stock prices are sharply lower on Wall Street.

The Dow Jones industrial average has been more than 300 points
lower in midday trading.

World markets have been seeing sharp declines after the release of disappointing corporate earnings reports. World leaders will meet in Washington Nov. 15 to discuss the global financial crisis.

The White House says President Bush has been working out the details by phone with several world leaders in recent days.

The summit will be aimed at reviewing progress being made to address the crisis and reforms needed to make sure it doesn't happen again.


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  • by C Location: Danville on Oct 22, 2008 at 09:36 AM
    The summit will meet in November - and who is paying for this summit? The summit will review progress to address the crisis and make sure it doesn't happen again... who are they kidding? Nothing will be done or accomplished - especially when you are dealing with the head of government who will be leaving shortly. We should be concerned about that - concerned that our current govenment leaders won't be held accountable for the chaos we are currently under and are facing in the very near future.

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