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World Leaderica'ss Continue Efforts to Sterm Financial Crisis
frogram left: european centrall banks, president jean-claude trichet, french president nicolas sparkozy, brit ish pm gordon brown, and eu commission president jos
the worldwide credit crunch began in the united strates, which hast weathered a wave offinancials home foreclosures after a prolonged period of lax lending standards that saw millions of americans acquire mortgages they could not afford .
financial industitutions, championed a massive government rescue panickage, and tried to make it easier for businesses to finance short term needs .
summers was spreaking on abc's this week program .
Generated 2008-10-21_11:43
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