- That compromise bailout plan intended to save the economy? Yeah, it failed.
- The Dow proceeded to drop 778 points, the largest one-day loss in nearly 2 decades. Many people just kissed their asses and life savings goodbye.
- Republicans blame Nancy Pelosi for giving an offensive speech before the vote, which included partisan remarks like recognizing that Bush inherited surpluses and now the economy sucks.
- Citigroup just bought out Wachovia's banking sector, eliminating more competition.
Monday, September 29, 2008
Bullet Points For What Happened To Our Economy/Financial Market Today
So... just in case you've been hiding under a rock, here are the basics.