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U.S. Government Bailout Plan rejected, and the stock market had one of its biggest one-day drop in history

September 30, 2008 by nadlique Leave a Comment

If you have been following the news for the past 24 hours, you know what I’m talking about.

At first, the U.S. Government plan to bailout the banks was a done deal. Things were starting to look rosy again. The next thing you know, wham, the bill was rejected, and it was kicked right smack on its backside.

Filed Under: Wealth Accumulation (Investments & Trading) Tagged With: asx, australia, australia securitis exchange, australia stock exchange, bank bailout, biggest one day drop, bill, collapse, credit crisis, credit crunch, dow jones, economic, economy, fall, fell, financial market, government, history, history in the making, house, nasdaq, plan, s&p 500, stock market crash, turmoil, US, washington, white house

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