Bailout Going Down in House?

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September 29, 2008 1:48 p.m.
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The Dow was down moments ago by nearly 700 points with the voting underway in the House on the bailout package but passage looking tough.

Dow bounced back from its freefall, down only 500 points or so now. House vote stands at 206 Yea, 227 Nay, with voting still open.

It appears that the voting is being left open indefinitely as the last second arm-twisting commences. But so far only one vote has changed: 207 Yea, 226 Nay.

And there you have it: the House voted down the bailout. So much for there having been a deal. Another vote expected later, apparently.

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