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Wall Street plunge shakes Europe Posted: Thursday, March 1, 2007 Leading shares notched up a third day of losses today after further remarks from Alan Greenspan spooked the markets and Wall Street opened sharply lower. Mr Greenspan, the former chairman of the Federal Reserve, was quoted as telling a meeting in Tokyo by satellite link that a US recession was possible, although not probable this year. Similar comments he made earlier this week helped send share prices lower around the world. His latest comments follow attempts yesterday by current Fed boss Ben Bernanke to soothe fears about US growth. Full Article : guardian.co.uk |
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