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What can the Fed do now that the House has rejected the bailout package?
Yesterday, the stock market was tumbling even before the House failed to pass $700 billion dollar bailout legislation for the country’s financial institutions. The failure to pass the bill created an even rougher ride on Wall Street.
Yesterday, the stock market was tumbling even before the House failed to pass $700 billion dollar bailout legislation for the country’s financial institutions. The failure to pass the bill created an even rougher ride on Wall Street. Guest: David Wyss, chief economist for Standard and Poor’s