October 03, 2008
The House Votes, and The Dow Craters
Posted by David Zaring
Yes, yes, the bailout bill passed 263-171, and the Dow is up 1% as of this writing, but did you see what happened during the vote? 50 point drop. Just the sensible pricing of risk by those cool heads on Wall Street, no question.
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1. Posted by Chris on October 3, 2008 @ 13:28 | Permalink
50 points is cratering?
2. Posted by David Zaring on October 3, 2008 @ 13:59 | Permalink
In ten minutes it is. Nothing compared to what is happening to it now, I admit.
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