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House Passes Bailout!
| Shared by Elnora.little on Fri Oct 03, 2008 10:43 am | |
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The House of Representatives has approved a $700 billion bailout of the U.S. financial system. The vote was 263-171. The dramatic vote came five days after the House stunned Washington and Wall Street by rejecting the administration's proposed bailout. That sent the Dow Jones industrial average down 777 points -- the largest single-day drop ever Source: http://money.cnn.com/2008/10/03/news/economy/house_friday_bailout/index.htm?postversion=2008100309 |
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