President Bush: Serious Crisis Needs Serious Global Response

President Bush urged global finance leaders on Saturday to work together on plans to fix "the serious global crisis" in credit markets. "We're in this together. We will come through this together," he said Saturday after meeting with finance leaders of the Group of Seven of industrialized nations at the White House. Bush said the crisis demands a "serious global response." On Friday, the G7 agreed on a five-part response that was lacking in specifics. Finance ministers from a broader group of industrialized nations in the Group of 20 will meet later Saturday to craft a coordinated response to the crisis that has slammed stock markets around the globe.