Bush Administration, Central Banks Try to Reassure Markets

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President Bush cancelled political fundraisers today to stay in Washington and confer with his advisors about what he calls "adjustments" in the financial markets. Yesterday's bailout of insurance giant AIG did not improve investor confidence. This morning, central banks in America, Europe and Asia promised another $180 billion to calm investors' fears. Evan Newmark reports for the Wall Street Journal.

Credits

Guest:
Evan Newmark - Reporter, Wall Street Journal

Host:
Warren Olney