Global Financial Crisis: Barometers of stress hit highs on fears of deep recession; Citi plunges 26%
Nov 21st, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Global Financial Crisis: On Thursday, barometers of stress hit highs that had not been seen for decades, on fears of a deep recession. In New York, the S&P 500 fell to a 1997 low and banking giant Cit fell 26% after a 23% plunge on Wednesday.