WASHINGTON (Reuters) - The United States is developing plans to buy equity stakes in financial institutions, providing another weapon in its war against financial market turmoil, U.S. Treasury Secretary Henry Paulson said on Friday.
WASHINGTON/NEW YORK (Reuters) - Finance chiefs of the world's rich nations pledged on Friday to prevent big banks from collapse and to work together to stem the financial crisis after another day of gut-wrenching drops on world markets.
NEW YORK (Reuters) - The Dow and the S&P 500 dropped for an eighth session on Friday, as a dramatic late-day comeback stalled out to cap the worst week ever for the S&P amid more anxiety about the condition of credit markets and the threat of a global recession.
WASHINGTON (Reuters) - U.S. regulators took over two small banks on Friday, in Michigan and Illinois, bringing the tally of bank failures to 15 so far this year.
WASHINGTON (Reuters) - The George W. Bush administration may push for a global backstop of interbank lending along with a U.S. government program to buy shares of major banks in an effort to stabilize the battered financial sector and reeling markets.
Business 
