Washington - Experts: Bailout Failure Will Cause One Of The Greatest Stock Market Crashes In U.S. History

Washington - The financial system could face a meltdown of 1929 proportions unless US politicians succeed in their efforts for a $700bn rescue scheme, experts added. The warning came as Republicans and Democrats met in Washington for a rare weekend debating session to attempt to seal agreement on the contentious plan, aimed at preventing a long-lasting recession in the US. Officials close...