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House Rejects Bailout Bill; Stocks Tank 

Sep 29, 2008By

A weekend spent wrangling over the details of a historic financial bailout led to an unexpected rejection of a bi-partisan proposal in a key vote by the House of Representatives on Monday; House members voted against a proposed bailout package by a 228-205 vote, sending U.S. stock markets into one of the worst one-day tumbles in modern history.