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Friday, 03 October 2008 |
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The bill passed by a a margin of 263 to 171, and follows a Senate vote in favor of the rescue plan. |
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Friday, 03 October 2008 |
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The U.S. House of Representatives passed a revamped $700 billion financial bailout bill Friday amid increasing fears that the already sagging U.S. economy could collapse without it. The House voted 263-171 for the bill, which also incorporates a package of tax breaks for businesses, renewable energy development and the middle calss, and measures to increase bank deposit insurance. The bill was sent to President George W. Bush. |
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Friday, 03 October 2008 |
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The U.S. House of Representatives passed a revised version $700 billion financial system bailout bill Friday. Watch the calling out of the final tally of 263 to 171 in this video from Fox News. (Oct 3) |
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Friday, 03 October 2008 |
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Legal Affairs Editor Ashby Jones explains the possible legal complications behind Wachovia's deal talks with Wells Fargo. Citigroup is alleging that Wachovia breached terms of their own merger agreement and one of their options could be to sue. (Oct. 3) |
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Friday, 03 October 2008 |
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Next week, watch for earnings from Infosys, Seven & I and Aeon, as well as interest rate decisions from Japan and Australia. Michael Kitchen reports. (Oct. 3) |
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