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Today was a bad day on Wall Street. At one point in the day, the Dow was down 800 points, it finally closed down just 370 points. However, it still closed under 10,000 for the first time since 2004.
The reason for the drop …

Doom and gloom is prevalent around Wall Street, and it doesn’t look like it will be over anytime soon. Even with the $700 billion bailout, more banks will fail in the next year. While it will help stave off some of the failures …

So, on Wednesday the revised bailout bill rescue plan was passed in the Senate. Friday the House voted for it then the same afternoon President Bush signed it. So what happens now?
Well first the markets should become less volatile. It has also raised …

Just after midnight Congressional leaders and members of the Bush administration came to a tentative deal on the bailout. Nancy Pelosi even said all that had to be done was for the agreement to be put on paper. Even treasury secretary Paulson said …

The government bailout of the big Wall Street banks has yet to pass. Congress is holding out because they just can’t agree on the terms of the bailout. Unfortunately, with every day that passes these banks get closer and closer to failure, and …