Bailout snag seen extending Wall Street’s pain (Reuters)

Posted by admin on October 1, 2008 under News | Be the First to Comment

Bailout snag seen extending Wall Street’s pain (Reuters)

Speaker of the House Nancy Pelosi speaks at a news conference flanked by House Majority Leader Rep. Steny Hoyer (L) and Democratic Caucus Chairman Rahm Emanuel, after the compromise financial bailout bill failed to pass, on Capitol Hill in Washington, September 29, 2008. (Mitch Dumke/Reuters)Reuters – There could be more pain ahead for Wall Street on Tuesday as the odds of quick passage of the $700 billion bill to bail out the financial sector looked slim after lawmakers rejected the first version on Monday.


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