29 Sep, 2008, 2337 hrs IST, AGENCIES
WASHINGTON: Massive legislation to bail out the stressed financial industry is hanging near defeat on the floor of the House.
More than enough members of the House had cast votes to defeat the Bush administration-pushed bill, and the vote was being held open, apparently as efforts were under way to persuade people to change their vote.
On Wall Street, stocks plummeted as investors followed the developments in Congress.
Via:E.T
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