U.S. Meltdown Scared World's Financial Centers Investors around the world are waiting to see how the U.S. financial turmoil will affect them. Lionel Barber, editor of the Financial Times, says watching the banks on Wall Street start to crumble was frightening to anybody in Tokyo, London and Frankfurt. He says the question now is how will the markets react if Congress doesn't pass a rescue package by the end of the week.
NPR logo

U.S. Meltdown Scared World's Financial Centers

  • Download
  • <iframe src="https://www.npr.org/player/embed/94973410/94973360" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
U.S. Meltdown Scared World's Financial Centers

U.S. Meltdown Scared World's Financial Centers

U.S. Meltdown Scared World's Financial Centers

  • Download
  • <iframe src="https://www.npr.org/player/embed/94973410/94973360" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Investors around the world are waiting to see how the U.S. financial turmoil will affect them. Lionel Barber, editor of the Financial Times, says watching the banks on Wall Street start to crumble was really scarey to anybody in the big financial centers of Tokyo, London and Frankfurt. He tells Linda Wertheimer the question now is: how will the markets react if Congress doesn't pass a rescue package by the end of the week.