Markets in Europe fell as a mortgage company in the UK has to be rescued by the government
The FTSE fell 1.9% to 6,242. Barclays (BCS) was down 3.2% to 591.5. British Air (BAB) fell 3.4% to 379.5. Norther Rock, the troubled lender, fell 23.5% to 489.
The DAXX was off .9% to 7,470. Commerzbank fell 4.8% to 27.02. DeutscheBank (DB) fell 1.5% to 89.8. Siemens (SI) fell 3.4% to 86.25.
The CAC 40 fell 1% to 5,511. Alcatel-Lucent (ALU) fell 21.5 to 6.48. BNP Paribas fell 3.4% to 72.28. Societe Generale fell 3.7% to 111.8.
Data from Reuters
Douglas A. McIntyre
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