rs on the New York Stock Exchange Friday.

Traders on the New York Stock Exchange Aug. 10, 2007. Wall Street closed out an extraordinarily difficult week with a mixed finish. (Getty Images) Getty Images

Banks pump billions to calm the markets

Fed joins global bid to ease credit crisis

By Steven Syre and Ross Kerber

Globe Staff / August 11, 2007

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The Federal Reserve and central banks around the world yesterday took the extraordinary step of pumping more than $100 billion into financial markets riven by a credit crisis, the largest such intervention since the September 11 terrorism attacks. (Full article: 802 words)