FBI investigates top Wall Street names over crisis

25 September 2008 - 02:00
By unknown

NEW YORK - Global markets were torn by doubts over a huge US rescue plan yesterday as the FBI probed top Wall Street names, the Federal Reserve gave more crisis help and the IMF chief issued a stark warning.

NEW YORK - Global markets were torn by doubts over a huge US rescue plan yesterday as the FBI probed top Wall Street names, the Federal Reserve gave more crisis help and the IMF chief issued a stark warning.

IMF director general Dominique Strauss-Kahn said European banking was stronger than the crisis-ravaged US sector but "it might be advisable for the Europeans to prepare for a worst-case scenario".

Stocks wobbled in London, gaining 0,17 percent at midday. - Sapa-AFP