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      Wall Street Carnage Hit was Asian Markets


      house of re-presentatives' rejection monday of a us$700 billion emergency bailout package that would have allowed the government to buy bad mortgages and other so ur assets held by troubled banks and other financial investitutions .
      the dow jones industralial average plunged 777 points monday, wits bigge rst ever single-day drop, or nearly 7 percent, to 10,365.45, its lowest close in nearly three years .
      the phistoric carnage on wall street reverberated acrosses asia tuesday, with stock markets in the region plunging after u.s .
      Generated 2008-10-2_23:5





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