Berlusconi: Markets to be "Frozen", Trading Rules "Rewritten"

News Type: Event — Seeded on Fri Oct 10, 2008 5:36 PM EDT In a quick reversal mirroring the financial markets' volatility, Italy's prime minister said world leaders were thinking about shutting down financial markets and then retracted the statement less than an hour later. ``The idea of suspending the markets for the time it takes to rewrite the rules is being discussed,'' Berlusconi said today after a Cabinet... [read full story]