Posted AT 1:00 PM EST on 22/09/08
Behind the credit crisis and turmoil on Wall St.
Globe and Mail Update
This article is by the Canadian Foundation for Economic Education (CFEE), a non-profit, non-partisan organization that aims to assist teachers with economic, financial, career, and enterprise education. For more information, see www.cfee.org
Wall Street in turmoil! Financial crisis! Meltdown! Wild ride! Collapse! All terms that make people nervous when it comes to money and investing.
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| Market | Change | Value |
|---|---|---|
| Data delayed 15 minutes | ||
| S&P/TSX | -78.40 | 8,327.81 |
| DJIA | +270.00 | 8,419.09 |
| S&P 500 | +32.60 | 848.81 |
| Nasdaq | +51.73 | 1,449.80 |
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MOST POPULAR 
Most Popular
| Rank | Headline |
|---|---|
| 1. | Detroit Three plead for lifeline 5:52 PM
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| 2. | Fund industry braces for grim RRSP season 5:33 PM
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| 3. | Government funds not needed: Scotiabank 4:04 PM
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| 4. | Ted Rogers dies at 75 9:30 AM
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| 5. | Nexen shares surge on bid report 3:23 PM
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| 6. | Toyota Canada posts record sales 4:28 PM
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| 7. | Federal employees earn more than private workers 3:19 PM
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| 8. | Manulife to post first loss ever, issue stock 10:41 AM
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| 9. | Who were the original $1-a-year men? 2:44 PM
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| 10. | RIM shares drop to year low 11:39 AM
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| Rank | Headline |
|---|---|
| 1. | Tories take to airwaves; Greens back coalition 6:27 PM
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| 2. | NHL suspends Avery 6:37 PM
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| 3. | Harper's Options 1:41 PM
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| 4. | Globe editorial board editor on why Harper should resign 3:11 PM
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| 5. | From the kitchen table to the cabinet table 10:41 AM
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| 6. | Jeffrey Simpson on Harper, the coalition and stimulus 12:20 PM
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| 7. | Sundin's Leaf days appear to be over 3:30 PM
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| 8. | Detroit Three plead for lifeline 5:52 PM
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| 9. | Fund industry braces for grim RRSP season 5:33 PM
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| 10. | Globe Roundtable 5:17 PM
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| Rank | Headline |
|---|---|
| 1. | NHL suspends Avery 6:37 PM
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| 2. | Harper's Options 1:41 PM
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| 3. | Federal employees earn more than private workers 3:19 PM
|
| 4. | Mutiny on the Rideau 01/12/08 11:32 PM
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| 5. | Fund industry braces for grim RRSP season 5:33 PM
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| 6. | Who were the original $1-a-year men? 2:44 PM
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| 7. | Ho, ho, ho: You're disinvited 4:42 AM
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| 8. | Harper, Dion put politics before national interest 01/12/08 11:32 PM
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| 9. | Globe editorial board editor on why Harper should resign 3:11 PM
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| 10. | Tar sands threatens millions of birds, report says 4:27 AM
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The Law page 

- Did BCE wimp out?
- Jon Huntsman can teach a thing or two about takeover contracts
ROB Magazine 

- Ted Rogers's last interview
- The cable baron talked to Jennifer Wells about "moving toward stopping"
The Breakthrough 

- Zenn and the art of electric car maintenance
- The breakdown of his beloved 1959 French electric car led to Toronto auto maker's 'aha! moment' and a $5-million investment in a small U.S. battery company
Adhocracy 

- Christmas gifts + men = doghouse
- Plus: Whopper virgins
Business Incubator 

- Collaring Christmas shoppers' cash
- High-end Halifax pet boutique needs to entice recession-wary consumers to spend




MATHEW INGRAMONLINE DEBATE
ERIC REGULYRyanair swoops in on floundering Aer Lingus
JOHN HEINZLCrushing selloff bodes ill for a Santa rally this year
BARRIE McKENNAEven Bernanke can't say what's next
ROB CARRICKWatch out for fees on tax-free savings accounts