Lehman Brothers By Krishna Guha in Washington, Bertrand Benoit in Berlin, Ben Hall in Paris and David Oakley in London
Published: October 9 2008 21:39 | Last updated: October 10 2008 03:28
The US stock market suffered its largest loss since the crash of 1987 on Thursday amid panic over General Motors, Morgan Stanley and several big insurance companies.
The market collapse heightened speculation that the US would unveil a bank recapitalisation plan in the coming days.
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