It’s after midnight in New York and Washington, but both The Wall Street Journal and the Financial Times are reporting that a bailout of Citigroup has just been agreed. The WSJ has far more detail, but what’s interesting to me is that at on a day and time when most Americans aren’t following the news, this breaking information seems to have all but crashed the WSJ’s servers.
My guess is that information-hungry readers throughout Asia are trying to log on and the load is proving far too great for WSJ.com.