Bush, allies seek to calm jittery investors

WASHINGTON AP – President Bush and financial leaders from nations rich and poor pledged Saturday to intensify their efforts to unblock a frozen financial system before it does more damage to an increasingly shaky global economy.

While there were no concrete offers of new moves, Bush vowed anew that his administration was doing everything possible to halt the biggest market disruptions since the Great Depression. The finance ministers spoke in unusually somber terms about the need for action.

Bush started the day shortly after daybreak with a Rose Garden appearance with finance ministers from the world’s richest countries and later made an unexpected evening visit to the headquarters of the 185-nation International Monetary Fund a few blocks from the White House.

via Bush, allies seek to calm jittery investors – AP

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