November 9, 2007
FTSE slides on new subprime fears (FT.com)
FT.com – Rumours of further writedowns at Barclays (NYSE:BCS) – denied by the bank – pulled London lower on Friday, erasing modest gains from earlier in the morning. Optimism in the energy sector following bid hopes for BHP Billiton (NYSE:BHP) and Rio Tinto failed to stem the sell-off.



