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Deal-O-Rama (120x60)

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Biggest loss in Dow Jones History: -777.7 points

In a stunning vote that shocked the capital and worldwide markets, the House of Representative on Monday defeated a $700 billion emergency rescue for the nation's financial system, ignoring urgent warnings from President Bush and congressional leaders of both parties that the economy could nosedive without it.

Stocks were battered with the S&P 500 posting its biggest loss since 1987 and the Dow posting its largest ever one-day point loss in History!


Image: via email

I guess nobody bought Bush's threatening Nation on his speech last Wednesday just few months before end of his eight years of  political and financial disaster!

Related Links:
All over the web!

Text: Ali Majidifard
Update:
September 2 9th, 2008, on the eve of Moslem's Aid Fetr & Jewish Rosh Hoshana!

 

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