treasury secretary steven minucci and has been speaking to regulators on the so-called plunge protests team to discuss that's to call markets he already phoned the heads of the country's six largest banks over the weekend in a statement they said that they have quote ample liquidity of lending the moves follow us thought markets worst week since the financial crisis ten years ago uncertainty over the partial government shutdown has added to concerns key indices how wiped out all their gains for the year. now. is following the developments on wall street for us good to see you sophie so it doesn't seem as if we're able to calm down markets what went wrong. no it did not come markets at all it kind of had the opposite effect it almost seemed like and vessels were suspicious on from a new chin statement as they wandered to why you would ask these kinds of questions now as if something was up or. you know something we all don't know the broad market was down with the dow dropping around six hundred points and also shares of mansfield bank of america with one point five percent i think ther

welcome to a business i want to jones in berlin good to have you with us us treasury secretary steven minucci and has flown to the heads off the country six largest banks over the weekend to discuss steps to calm our kids off to a week of dramatic losses on wall street when we called the chief executives of goldman sachs bank of america j.p. morgan chase morgan stanley citigroup and wells fargo who according to a statement confirmed that they have ample liquidity available for lending the calls came as u.s. stock markets experienced their worst week since the two thousand. and certainty over the partial government shutdown has added to concerns key indices have wiped out all their gains for the year. and for more on what's driving the markets in these last few days of the year i'm joined by two ponder jim ballou my colleague of course will nugent's phone call do you think come markets well i mean if the reaction is anything to go by so far it's not doing any of that likely you reassurance that isn't quite the reassurance now investors actually thinking about where they have to be concerned ab

treasury secretary steven minucci is speaking to the regulators on the so-called plunge protection team to discuss the two call markets he already phoned the heads of the country's six largest banks over the weekend and called the chief executives of goldman sachs bank of america j.p. morgan chase morgan stanley citigroup and wells fargo who according to a statement confirmed that they have quote ample liquidity of vailable for lending it follows u.s. stock markets worst week since the financial crisis ten years ago uncertainty over the partial government shutdown has added to concerns the indices have wiped out all their gains for the year. now. is following the developments on wall street for us good to see you sophie so it doesn't seem as if we're able to calm the markets what went wrong. no it did not come markets at all it kind of had the opposite effect it almost seemed like and vessels were suspicious of statement and they wanted to why you would ask these kinds of questions now as if something was up or if he knows something we all don't know the broader market was down with the