Now down 700 points and dropping
Stephen A. Lawrence wrote: > Stockholders have just voted. The bailout was extremely important to > the financial health of the country, or so they apparently believe. > > --------------- > NEWS ALERT > from The Wall Street Journal > > Sept. 29, 2008 > > The Dow Jones Industrial Average plunged more than 500 points as the the > final votes were tallied in the bailout vote in the House and the bill > appeared short of the votes needed to pass. The package, which would > have marked the most dramatic federal intervention in the financial > markets since the Great Depression, was finalized Sunday after days of > exhaustive negotiations between lawmakers and the White House. >
