Tag Archives: bailout fails

Bailout fails to pass House

The House voted down the Bailout measure, 228-205.  A significant number of both Republicans and Democrats voted no.  The market is in a freefall after the news, down more than 550 points as of this writing.  See MSNBC for details.

**Update:  30 minutes later, the Dow has dropped 673.74.  Keep watching.** (2:29 CT)

**Update:  The Dow closed down 777.68 points, its largest single day point decline ever.  See here for more.**

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Filed under Congress, The Economy