Global stocks routed, gold soars
LONDON (Reuters) - An ugly sell-off in global stocks gathered pace on Friday, on mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of a banking crisis.
Anirban Nag
LONDON
Fri Aug 19, 2011 5:21am EDT
link-
http://www.reuters.com/article/2011/08/19/us-markets-global-idUSTRE7725BC20110819