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Reuters: U.S. bailout failure sends markets reeling

Started by NaDiNe, September 30, 2008, 05:00:52 AM

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NaDiNe

U.S. bailout failure sends markets reeling
      


HONG KONG (Reuters) - Panic gripped markets after U.S. lawmakers unexpectedly rejected a $700 billion bailout plan for the financial industry, with Asian stocks opening sharply lower after Wall Street's biggest fall since the crash of 1987.
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