The Bailout Fails Yea: 205, NAY: 228

By Monday, September 29, 2008 1 No tags Permalink 0

The $700 billion bailout plan has failed. Yea: 205, NAY: 228. This is the biggest mess ever!

From CNN:

The House of Representatives today rejected a $700 billion plan to bail out the U.S. financial system, putting a roadblock in front of the largest government intervention in the markets since the Great Depression. The next steps were not clear, but supporters were scrambling to salvage the package. The Dow was down more than 600 points after the voting ended.

1 Comment
  • payplan
    October 4, 2008

    looks like we got there in the end and congress let it through. Bet you a $ it’s not enough. Can’t afford to bet more. Sorry 🙁

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