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US rejects bailout package, Dow records worst fall
Published on Tue, Sep 30, 2008 at 13:56, Updated on Tue, Sep 30, 2008 at 14:52 in Business section
Tags: George Bush, Dow Jones , Washington
Washington: Dow Jones had its worst fall in history on Monday falling by 800 points as the US House of Representatives shot down the $700-billion financial bailout bill that President George W Bush and lawmakers in both parties had united behind.
There were 205 votes in favour of the bill while 228 were against.
Republicans are blaming Democratic House Speaker Nancy Pelosi for what they are calling divisive comments on the floor before the vote.
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