Wow.
The House put Bush’s bailout plan up for a voite … and it lost.
What kills me is that the majority of democrats voted in favor while the majority of republicans voted against it. So much for standing behind your own party – even the republicans are starting to realize Bush is a fathead.
As I write this, the Dow is down 581 points.
Yay! Go America!
Un-be-freaking-lieveable.
Update 4:20pm Woah! The Dow ended the day down 777.68 points. This is the biggest point drop in history! Previously, the biggest point drop occurred the day the markets reopened after 9/11. On that day (9/17/01), the Dow dropped 684.81 points. Looks like we blew that record right out of the water. Still, the slightly-not-as-bad news is the percentage drop was 6.98%. That doesn’t even make the list of the top 10 biggest percentage drops ever.
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