Guillermo
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Platinum Boarder
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U.K. FTSE-100 Falls Below 5,000 for 1st Time - 2008/09/16 20:17
Hi traders! The Lehman Brothers bankruptcy triggered a domino effect in all markets, including LSE 
The FTSE-100 index dropped below 5,000 for the first time since June 2005 at 1:39 p.m. in London as concern grew there may be further capital raisings at financial companies and commodity stocks fell with metals prices.
The FTSE 100 lost 213.6, or 4.1 percent, to 4,990.6 at 1.54 p.m., the lowest since June 6, 2005.
Stocks slumped in Europe and Asia after the downgrade of American International Group Inc.'s credit rating increased turmoil in global debt markets.
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