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Academic
: ConglomerateThe House Votes, and The Dow Craters
By Gordon Smith, Christine, Hurt, Vic Fleischer, Fred Tung, Lisa Fairfax, David Zaring
Yes, yes, the bailout bill passed 263-171, and the Dow is up 1% as of this writing, but did you see what happened during the vote? 50 point drop. Just the sensible pricing of risk by those cool heads on Wall Street, no question.
Full post as published by Conglomerate on October 03, 2008 (boomark / email).
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