wwwPosted Sep 14th 2007 7:12AM by Douglas McIntyre
Filed under: Bad news
A government bail-out of UK mortgage bank Northern Rock sent Europe banking shares sharply lower and set similar trouble for US bank shares. Northern Rock was down 27% on news that the Bank of England had to supply it emergency funding.
Barclays was off 3.2% Commerzbank fell almost 5%. BNP Paribas and Societe Generale were of about 3.5%.
| # | Blogger | Posts | Cmts |
|---|---|---|---|
| 1 | Joseph Lazzaro | 114 | 0 |
| 2 | Tom Johansmeyer | 102 | 3 |
| 3 | Connie Madon | 51 | 0 |
| 4 | Steven Mallas | 43 | 0 |
| 5 | Tom Taulli | 42 | 0 |
| 6 | Mark Fightmaster | 42 | 0 |
| 7 | Trey Thoelcke | 32 | 0 |
| 8 | Steven Halpern | 32 | 0 |
| 9 | Melly Alazraki | 26 | 0 |
| 10 | Paul Foster | 25 | 0 |
| 11 | Zac Bissonnette | 23 | 0 |
| 12 | Jon Ogg | 22 | 0 |
| 13 | Brian White | 22 | 0 |
| 14 | Jim Cramer | 22 | 0 |
| 15 | Brent Archer | 22 | 0 |
| 16 | Elizabeth Harrow | 19 | 0 |
| 17 | Eric Buscemi | 17 | 0 |
| 18 | Sheldon Liber | 13 | 0 |
| 19 | Michael Fowlkes | 8 | 0 |
| 20 | Beth Gaston Moon | 8 | 0 |
Find out why more people track their portfolios on AOL Money & Finance then anywhere else.
Other Weblogs Inc. Network blogs you might be interested in:
Closing Bell: Economic Catapult for Thanksgiving & Black Friday (WMT, TGT, GRMN, GOOG, MSFT)
Deere up on Q4 earnings performance
Reid Hoffman: LinkedIn will go public (at some point)
