Wow! Dow! -777[updated]…GOOG down 40!
The Dow is taking a royal beating on the news of the House body slamming the bailout in a 228-205 vote against. Meanwhile, as bailout fever spreads to Europe and its banks, the stock market is digesting what all this really means…something like Global Economic Crisis.
Regardless of whether the bailout ultimately fails or passes, a bailout is like chemotherapy. You don’t take chemo because you’re feeling a little droopy and you want a little pick-me-up.

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