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    Categories: Business

Pelosi Blamed as $700b Bailout Fails by 23 Votes

Wall Street took an apocalyptic 777-point plunge Monday as the House voted down a controversial $700 billion bailout plan proposed by President Bush and the Treasury Department.

Some blamed a partisan speech by House Majority Leader Nancy Pelosi, who allegedly placed blame for the credit crisis on Republicans.

http://blogs.wsj.com/washwire/2008/09/29/house-republicans-blame-pelosis-speech/

John:
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