Financial Crisis Hits World Markets

The financial crisis has left Wall Street reeling, and begging, for a handout. The implications of the House rejection of the proposed $700 billion bailout plan have been felt well beyond the bustling streets of New York's financial district. Across Europe, the U.K.'s FTSE 100 fell 5.3 percent, Germany's DAX index was down 4.2 percent and France's CAC-40 saw a 5 percent fall Monday as trading mercifully ended. Asian markets have not been spared either. Japan's Nikkei fell 4.12 percent... Full Story