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Fed Pumps Further $630 Billion Into Financial System
By Scott Lanman and Craig Torres Sept. 29 (Bloomberg) — The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression.
House votes down bailout; Dow drops 778
Stocks plummet as House votes down bailout; Dow drops 778 By Adam Shell, Jeffrey Stinson and Paul Wiseman, USA TODAY NEW YORK — The stock market plunged Monday, as the House of Representatives voted down the $700 billion financial bailout package, sending the Dow Jones industrial down almost 780 points...