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Congress rejects a $700 Billion Bailout plan

The Wall Street rescue plan is at risk after the controversial $700 billion financial bailout plan has been rejected by congress. The rejection of this bill is expected to destroy American economy.

The bill required 218 votes to pass. Only 206 votes where in its support whereas 227 voted against this bill.

Here are few destinations to look for more on this story:
At CNN: http://money.cnn.com/2008/09/29/news/economy/bailout/index.htm
At Reuters: http://www.reuters.com/article/politicsNews/idUSTRE48S6BD20080929
At BBS: http://news.bbc.co.uk/2/hi/business/7641733.stm

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