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Today in Financial History

Posted on September 29, 2008

The TED Spread:Housing Prices:Stock Market:Unemployment:From Calculated Risk: Calculated Risk: MONDAY, SEPTEMBER 29, 2008 Cliff Diving by Calculated Risk Dow off 6%. S&P 500 off 7%. NASDAQ off 7%. With the failure of the bailout in the House, the question is now what? There is the possibility of some arm twisting and another vote tomorrow. Another possibility is that the bill will be revised in some way to garner a few more votes.... Bailout Plan Fails in House by Calculated Risk Yes 205 No 228 ... Dow off 500 points. The vote failed.... House Vote Nears on Bailout Pla...

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Tags:
bernanke , bonds , central bank , deflation , discount rate , economy , fed , federal reserve , housing , interest rates , money supply , real estate , tax , the fed
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