Happy Monday morning to one and all. It’s going to be another interesting week! As the markets opened this week, instead of the markets going up because of the bailout bill, the markets are going down. Now legislators are saying that a recovery may take weeks or months and that they didn’t expect the markets [...]
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House Passes $700 Billion Bailout Bill
October 3, 2008photo credit: bgilliard After going down to defeat earlier in the week in the House, the second version of the bailout bill was passed today without a problem: The House of Representatives passed a sweeping, $700 billion economic rescue package after reconsidering the measure it failed to green-light earlier this week. The vote was 263 [...]