House rejects Paulson plan, stocks plunge
The Dow Jones Industrial Average of leading US shares plummeted by more than 700 points on the news but recovered slightly and was down by 511 points (4.59%) at 10,632 as of 14:50 New York time.
Lawmakers voted 228-to-205 against the bill on Monday afternoon.
Earlier in the day, politicians appeared to have agreed to back
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