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Tag: Bailout

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DOW Tanks after Bailout Fails
Posted On 09/29/2008 16:36:32 by jjasura

Ok, this isnt gaming news but is very important to all our users.

The Bailout proposed by the bush administration has recently been rejected by the house of representatives.

Investors who had been counting on the rescue plan's passage sent the Dow Jones industrial average down as much as 700 points while watching the measure come up short. The stock gauge closed 777 points lower - nearly 7%.

The measure, which is designed to get battered U.S. credit markets working norma... Read More









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