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Old 14th October 2008, 12:49 AM   #1

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Default Governments bail out banks, UK wants new Bretton Woods (Reuters)

<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081013/bs_nm/us_financial3"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081013/2008_10_12t120244_450x300_us_financial3.jpg?x=130& y=86&q=85&sig=Gd3GARYyEPeELV.B6as_tg--" align="left" height="86" width="130" alt="General view of the leaders of the euro zone countries attending a meeting at the Elysee Palace in Paris October 12, 2008. France's President Nicolas Sarkozy and leaders of euro zone countries hold an emergency meeting in Paris to agree on specific, pan-European measures to prop up the battered financial sector and halt market panic. (Charles Platiau/Reuters)" border="0" /></a>Reuters - Governments across the world launched multi-billion dollar bailouts on Monday to shore up tottering global banks and Britain called for a new Bretton Woods agreement to reshape the world financial system.</p><br clear="all"/>

View the entire article: Governments bail out banks, UK wants new Bretton Woods
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