Bailout bill fails

The Congressional leadership apparently wants to take another shot at the bill, perhaps today, perhaps later in the week. What's extraordinary is how little leveragev the House leadership had on the rank-and-file members. Apparently, all those warnings over the weekend did not outweight the negative public reaction to this. Dow down 457 points.


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
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Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
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Recent stories:
Letter from Down Under: Welcome to the Homogenocene
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Previous story: Dow plunges 500+ points

Next story: Dow down 770 points

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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