NEW YORK (Reuters) - Wall Street titans buckled under the weight of a global stock market panic on Friday as the finance chiefs of the world's major economies gathered in Washington to confront the inescapable financial crisis.
NEW YORK (Reuters) - The shares of JPMorgan Chase & Co , Bank of America Corp and other banks rose Friday, in stark contrast with former investment banks Goldman Sachs Group Group Inc and Morgan Stanley .
WASHINGTON (Reuters) - Finance leaders from the world's rich nations pledged a coordinated response to the credit crisis on Friday but stopped short of backing a British plan to guarantee lending between banks.
NEW YORK (Reuters) - Morgan Stanley and Goldman Sachs Group Inc shares slumped on Friday after Moody's Investors Service said it might cut their ratings, reviving worries that they might not be strong enough to survive the credit crisis.
NEW YORK (Reuters) - Oil prices dropped more than 10 percent on Friday and touched 13-month lows in a global flight from risk amid concerns of a worldwide recession and further signs of slumping energy demand.
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