The bailout legislation has crashed in the House of Representatives. As of this writing, the tally was 205 - 228 (the vote may still be open).
The markets reacted poorly with the Dow plummeting over 700 points at one point before coming back up a bit. Currently down 455 for the day with markets still open.
Heaven knows what the spooked international markets will do tomorrow morning.
But I guess this means that McCain and Obama won't have to decide what to do on Wednesday; no point in a Senate vote now.
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