The Dow fell a dramatic 777 points today — the worst plunge in two decades — on news that the House rejected the $700 billion bailout plan. Kai Ryssdal asks two members of Congress to help make sense of it all.
A lot of investors thought the stock market was just too risky a place for their money. So stocks made a record drop. Senior business correspondent Bob Moon has that part of this incredible day's developments.
When the day began in Washington, Treasury Secretary Paulson and Fed Chairman Bernanke were hopeful their massive financial rescue plan was on its way to becoming law. The House had other ideas. Steve Henn reports on what went wrong.
Upstaged by the bailout vote and the stock market fall, news that Citigroup is buying Wachovia got far less attention that it would have on a normal news day. But Jeremy Hobson gathered up the details.
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