Jonathan Prynn and Nicholas Cecil
10.10.08
Blind panic swept through the City today as the Stock Market collapsed.
Traders were in a state of “paralytic fear” when shares fell through the floor just after the 8am opening.
During an extraordinary seven-minute frenzy the FTSE-100 shed 10 per cent, losing £105 billion in value at a rate of £250 million a second.
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