Bear Stearns' Collapse Rattles Markets

Breaking News
March 17, 2008
Bear Stearns' Collapse Rattles Markets

Asian stocks plunged and the dollar sank to a new low on news that
JPMorgan Chase was buying troubled U.S. investment bank Bear Stearns,
signaling to investors the depths of the credit crisis. Oil prices in
Asian have risen to a record level. 
--------------------
World

16 Confirmed Dead In Tibet Crackdown

China's appointed governor of Tibet says 16 people have died in violence
that started in the region's capital. The government blames the
bloodshed squarely on "thugs" acting on the Dalai Lama's orders. Exile
groups say as many as 80 have been killed. 
--------------------
Business

Fed Takes New Steps To Ease Credit Crisis

Federal Reserve Chairman Ben Bernanke said new steps announced by the
central bank should help squeezed financial institutions get cash
infusions - a fresh effort to provide relief to a spreading credit
crisis.