Individual European governments issued a flurry of deposit guarantees to shore up their banks but fell short of any coordinated action Monday to deal with the crisis sweeping financial markets, even as stock markets crashed and the euro sank to its lowest level for over a year.
Latest Comments
'Exploding' deficit plays into health reform
Obama heads to Midwest selling health care
Do you think the country is headed in the right direction under Obama's leadership or does the president need to narrow his agenda?
Industry cash flowed to health-reform senators
Small firms: Obama doesn’t understand us
Small firms: Obama doesn’t understand us
Small firms: Obama doesn’t understand us
Small firms: Obama doesn’t understand us
U.S. warship arrives as pirates' options dwindle
U.S. crew retakes ship from pirates off Somalia