World shares fall on credit fears

[dipsydoodle]

Source: BBC News

Markets have faltered in Friday trading, a day after markets in the US and Europe suffered heavy losses amid fears of a global credit crunch.

In morning trade the London FTSE 100 was 2.42% lower, the French Cac was down 2.20%, and German Dax down 1.61%.

The European Central Bank injected cash into the money market for a second day, a move echoed by other central banks across the world.



Read more: http://news.bbc.co.uk/1/hi/business/6939757.stm

[izzie]

1. Does Bush have anything to do with stocks?

I think he puts in some very important guy to run some part of it , is it the security exchange exchange or some such thing? Ever since he got his sweet heart deals, when he did wrong stuff with his companies, I have felt very iffy with the stock market and him being President with any dealing with it. Stocks are also one third of my retirement pay so the income from them is very important to me. I usually do not read a thing about it as it upsets me with this up and down stuff. I am just to old to get into it. My stocks made money every month when Clinton was in and the trust that cares for them called when Bush got in and told me they were going to change things so I would not lose money as Bush had come into office. I found that so up setting, a GOP man in office was going to hurt my stocks, and it did. I did not lose money but for the first 6 years I made none either and they have just started to increase in value once more after all these years. With every thing Bush gets near smelling to high heaven I just hate to read anything like this.

[SpiralHawk]

2. "Smirk. That would be telling. Smirk." - Commander AWOL

"But all you little people can rest assured that I and my cabal of fatcat republicon Homelander cronies will MAKE OUT LIKE BANDITS while the rest of you are stalking the streets looking for bread crumbs. Oil and munitions War Profits are WAY up. Smirk, smirk, smirk."

- Commander AWOL

[izzie]

3. I think we can count on this. If the real big money people do not

make money under Bush he will be gone. Any one who does not play ball with the worlds big money people are out. I am sure some one must have done a study on the cost of war and the cost of peace and when one over takes the other. If a new money making field turns up the big money people will be first in line. Oil and war may have been over done for a while. It is not that people in the money market are smarter but they do control power. And to control power some of the little people have to be put into play.

[dipsydoodle]

4. I guess the stocks to which you refer

are ones you own. The value of pensions from pension plans are also dependant on the stock and shares in which those funds are invested. Broadly speaking - no his antics have not helped the stock market.