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Dow plunges over 500 points after President Bush warns of a slow recovery for the financial markets.

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http://www.pbs.org/newshour/bb/business/july-dec08/solmancredit_09-23.html Unmanageable loans and debt of firms like Lehman Brothers, Fannie Mae, Freddie Mac and AIG led to declines in their credibility and the end of growth based on credit. Paul Solman explains how these giants lost control of their finances and why credit plays a central role. Check out Pauls blog and ask him questions through the NewsHours Business Desk at: http://www.pbs.org/newshour/businessdesk/

Wall Street down amid credit market crunch

Vivienne Westwood has unveiled yet another of her collections at Paris Fashion Week. With the world in the middle of a credit crunch, Westwood based her collection on a practical 'Do-It-Yourself' ethos.

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Although the Dow enjoyed a comeback, many on Wall St. are on edge because the credit markets remain frozen. Anthony Mason reports.