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The Financial Services Authority, the UK regulator, is trying to crack down on short-selling, which is widely blamed for the pounding that bank stocks are taking. The problem has been particularly acute this week with the leading mortgage lender, HBOS, forced into a merger with Lloyds TSB, one the major high street banks

—Stanley Reed, Europe Insight

IN YOUR FACE: DOW DROPS AS WALL STREET REELS

Reader pm69 Writes:

"So BofA bought Merrill Lynch...did that really solve the existing problems, or simply shift them to itself? I am not sure I would want to be a BofA shareholder."

Tell Us: Which Collapse -- Merrill Lynch, Lehman or AIG -- Was More Shocking?

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Fannie-Freddie: Asia Banks' Key Role

Asian central banks are big buyers of Fannie Mae and Freddie Mac paper. They were terrified that Fannie and Freddie would collapse. Why the U.S. Treasury intervened

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Twitter Distracts and Annoys

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