All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Feds soothe shell-shocked markets, talk of huge bailout

Hope dawned at the end of a week of otherwise unmitigated disaster for financial markets as momentum built for US government intervention on a far larger scale than anything seen so far to target the toxic debt at the heart of the global credit crisis.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree