Topic: European Central Bank
US SUMMARY: Stocks plunge after BNP Parbas freeze on funds invested in US subprime market. French bank BNP Paribas' announcement that it would freeze three funds that invested in the US subprime mortgage market because it was unable to accurately value their ...
Dow Plunges 387 on Deepening Fears About a Spreading Credit CrunchWall Street's deepening fears about a spreading credit crunch sent stocks plunging again Thursday, with the Dow Jones industrials extending their series of triple-digit swings and falling more than 380 points. The ...