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European Markets Edge Slightly Higher in Nervous, Volatile Trade
in icelanders, the board of directors of landsbanki, the country's second largest bank, has been dismissed and the institution placed into receivership . it a mix of public sector recapitalization of the banks, emergency liquidity support for the banks and lower interest rates for the economy . the country is also negotiating a $5.4 billion loan from russia to shore up the nation's finances as it faces a selvere financial crisis . european markets are, reacting nervously again as the banking crisis countinues to worry many . Generated 2008-10-10_5:40
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