Monday, September 29, 2008

Bailout bill slapped aside; record stock plunge




Stocks Take Historic Fall
In
a vote that shook the government, Wall Street and markets around the
world, the House on Monday defeated a $700 billion emergency rescue for
the nation's financial system, leaving both parties and the Bush
administration scrambling to pick up the pieces. The Dow Jones
industrials plunged nearly 800 points, the most ever for a single day.

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