Markets Rebound On Bank Proposals

by Rob Gifford, NPR

The London Stock Exchange has been digesting news that the British government will inject some $65 billion into three of the country's main banks. Stocks are up sharply in London, and elsewhere in Europe, as other European Union countries followed suit. President Bush announced Tuesday that the U.S. government will purchase shares in ailing American banks.

Broadcast Dates

• Morning Edition, October 14, 2008