No Bail Out! For richer or for poorer

by

In a shocking defeat that rocked Wall Street, the House of Representatives voted down a $700 billion plan aimed at rescuing banks and freeing up credit.

On news of the 228-205 defeat, the stock market plummeted. The Dow Jones industrial average recorded its biggest closing point drop in history, closing down 777.68 points — or nearly 7 percent — to 10,365.45.

more at NPR

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