Monday, September 29, 2008

Bailout plan rejected

The fate of a controversial $700 billion financial bailout plan was in doubt Monday as a House vote turned against it.

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Bail Out? No thanks

House of Representatives rejects the $700bn bail out. Dow Jones crashes, queues start forming outside banks

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Mars Lander Sees Falling Snow, Soil Data Suggest Liquid Past

NASA's Phoenix Mars Lander has detected snow falling from Martian clouds. Spacecraft soil tests experiments also have provided evidence of past interaction between minerals and liquid water, processes that occur on Earth.

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Bailout Doesn't Pass

Stocks plunged after the House of Representatives failed to pass a bailout proposal aimed at shoring up America's financial services industry.

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House rejects $700-bln Wall St bailout bill

WASHINGTON (Reuters) - The House of Representatives on Monday rejected by a vote of 228-205 a Wall Street bailout bill that would have authorized the Treasury Department to spend up to $700 billion to purchase broken mortgage-backed bonds from banks...

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"We just wanted to choose a really large number."

$700b... sure that'll do.

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BREAKING: House defeats $700B bailout

WASHINGTON - The House on Monday defeated a $700 billion emergency rescue package, ignoring urgent pleas from President Bush and bipartisan congressional leaders to quickly bail out the staggering financial industry.

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