The House passed, and president Bush has signed into law HR 1424, aka the 'Bailout bill,' handing out hundreds of billions of dollars to major banks, Wall St. firms, and foreign investors.
The bill elicited popular outrage last week, which prompted its defeat in the House Monday. The Senate endorsed the revamped bill Wednesday, setting the stage for today's second vote in the House. - lex
The House passed, and president Bush has signed into law HR 1424, aka the 'Bailout bill,' handing out hundreds of billions of dollars to major banks, Wall St. firms, and foreign investors.
