Lack of Government Bailout Causes Stock Market Crash

Posts Tagged ‘financial system’

Lack of Government Bailout Causes Stock Market Crash

Posted by Chief Idiot on September 29th, 2008

Today, the failure of the US Congress to pass the financial system bail legislation might very well become one of the most important days in modern history. You see, the banking system is on the verge of collapsing and really needs a government rescue. More than half of the House of Representitives voted against allowing [...]