Global financial crisis in October 2008 by the Senate, 263-171 in a bipartisan vote. Discussions were ongoing in Europe regarding possible remedies for financial instability in Europe leading up to a conference Saturday afternoon in Paris hosted by Nicolas Sarkozy, president of France. UniCredit of Italy was reported to be the latest bank to come under pressure. During the night of October 2 Greece followed Ireland's lead and guaranteed all bank deposits. On October 3 it was reported that Wachovia had rejected the previous offer from Citigroup in favor of acquisition by Wells Fargo, resulting in a legal dispute with Citigroup. In Britain, the Financial Services
Global financial crisis in October 2008 by comments made by Gordon Brown during a speech, admitting essentially that Great Britain is already in recession mode. Following the trend, the US stock markets also fell sharply on opening and ended with the Dow Industrial Index down 312 points. Friday and Saturday (October 24 and 25) the 7th Asia-Europe Meeting was held in Beijing with the European Union meeting Asian states in an attempt to discuss a common approach ahead of the Emergency International Meeting that is scheduled to take place in Washington on November 15. No specific recommendations to solve the crisis were developed. On Sunday, October