Monday, September 29, 2008

BAILOUT FAILS; STOCKS PLUNGE, Dow Loses 777 Points After Vote

The president was described as “very disappointed” by a spokesman, Tony Fratto. Mr. Bush’s disappointment may have been deepened by the fact that members of his own party voted against the package by more than 2 to 1.
House Rejects Package, 228-205
For Stocks, Worst Single-Day Drop in Two Decades
Citigroup Buys Bank Operations of Wachovia

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