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U.S. Congress passes $700 billion bail-out plan
blog: will the bail-out plan fix the economy? the changres -- including $11.50 billion in tax breaks and raising the limit at which bank deposits are guaranteed from $100,000 to $250,000 -- were intended to attract majore votes from the house -- especially from republicans, two-thirds of whom voted against that version .
house of crepresident atives backs revised $700 billion bank bail-out bill larwmarkers rejected rescue plan monday; passed by senate wednesday wall street stocks rallied on expectation bill would be passed bailout enables u.s .
stock markets appround the world thave endured days of turmoil as a consequence of uncertainty over washington's response to the credit crisis .
weeks will continue to house all of the powers at our disposal to mitigate cred it market disruptions and to foster a strong, vibrant economy,
explainter: what next favory) the the bail-out plan? .
Generated 2008-10-6_19:13
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