Posted by Forgotten_1 in
Economic Downturn,
Tipping Point on 10 3rd, 2008 |
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House backs $700bn bail-out plan
The moment the rescue package was approved in the House of Representatives
The US House of Representatives has passed a $700bn (£394bn) government plan to rescue the US financial sector.
The 263-171 vote was the second in a week, following its shock rejection of an earlier version on Monday.
The...