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The World Financial Crisis

Aug 13, 2007

As many of you may have heard on the news, this past week the financial markets took a serious jolt and had to be bailed out by the central banks of Europe, the Federal Reserve in America, and other banks around the world.

This was the biggest bailout since the markets froze up after September 11, 2001.

Here's an interesting article about it from The Financial Post for those interested in financial matters:

http://www.canada.com/nationalpost/financialpost/story.html?id=ddc9f43b-33b9-4ff5-86ad-680a9fb36c71&k=4187


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Dr. Stephen Jones


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