Fears of a disorderly regulatory crackdown on banks and financial markets triggered a crisis of confidence among investors on Thursday that sent share prices reeling in a global flight to safety.
US, European and Asian stocks tumbled, while trading in some eurozone government bond markets dried up in the wake of Germany’s partial ban on naked short selling and ahead of a crucial vote on the US financial regulation bill.
Thursday, May 20, 2010
Markets take fright at political moves
The Financial Times reports:
