Bearn Stearns Gets Help

Mar. 14 – U.S. stocks finished sharply lower on Friday after liquidity problems at Bear Stearns prompted new worries about global banks.

The Dow fell 194 points to 11,951. The S&P 500 lost 27 points to 1,288. The Nasdaq dropped 51 points to 2,212. Crude oil snapped its record winning streak.

SPEAKER: Brian Bethune, Chief U.S. economist, Global Insight

Conway Gittens reports from New York.