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Stocks plummet as Germany gets tough on financial speculators

Date: May 21, 2010

Authors: Anthony Faiola and Howard Schneider

QUOTE: A German crackdown on financial speculators threw global markets into a tailspin Thursday, sparking the largest losses on Wall Street in a year, infuriating other European powers as they try to stabilize the ailing euro and raising questions about the ability of world leaders to coordinate their efforts at financial reform.

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Article MetaInformation:

Key People:

• Chancellor Angela Merkel

Key Organizations:

• Washington Post Newspaper

Subject & Geographic Categories:

• Abstract Principles
  • Control / Access / Permission
    • Cooperation / Coordination / Collaboration

• Businesses & Organizations
  • Industry-Specific Issues
    • Securities (Wall Street)

• Europe
  • European Union (EU)
  • Western / Southern Europe
    • Germany

• North America
  • United States of America/USA

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