Senate to vote on revised version of bailout plan
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Senate to vote on revised version of bailout plan
(NECN: Peter Howe) - The Senate is taking the lead on a financial bailout package. Senators will vote tonight on the bill, and they expect it to pass. Stocks were lower in early trading today as investors await the vote, however, Europe's markets stabilized and most Asian markets bounced back on hopes that the bailout will soon win legislative approval. John Kerry and other members of the Senate are trying to do what the House couldn't do on Monday: pass a $700 billion bill called a Wall Street bailout, or rescue, or economic recovery plan -- depending on your politics. read more
NECN | October 1, 2008
