Monday, September 29, 2008

So much for bi-partisanship - the rescue package failed.

"Sept. 29 (Bloomberg) -- The $700 billion financial rescue plan is being rejected as voting continues in the U.S. House.

The vote was at 207 to 226 as the tally was held open while congressional leaders sought to persuade lawmakers to switch sides.

The Dow Jones Industrial Average, which fell as much as 6.3 percent, was off 403.5 points, or 3.6 percent, at 1:54 p.m. New York time."

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