www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

WORLD> America
US bailout rejected; fear seizes markets
(Agencies)
Updated: 2008-09-30 08:50

WASHINGTON/NEW YORK -- US lawmakers rejected a $700 billion bailout plan for the financial industry in a shock vote that sent global markets sliding as European authorities scrambled to prop up a slew of banks.

The Dow Jones industrial average posted its largest point decline ever while the benchmark S&P 500 had its worst day since the 1987 crisis with an 8.8 percent drop. Latin American stocks tumbled 13 percent, their biggest decline in more than a decade.


A trader stands outside the New York Stock Exchange September 29, 2008. The Dow Jones industrial average Monday posted its largest point decline ever while the benchmark S&P 500 had its worst day since the 1987 crisis with an 8.8 percent drop. [Agencies]

Even before the vote, Asian and European markets had plummeted on fears the crisis was spreading, while US regional lender Wachovia became the latest big bank to succumb to the crisis.

And global money markets were frozen even as central banks poured hundreds of billions of dollars into the financial system to persuade financial firms to stop hoarding cash.


A picture of financier J.P. Morgan is seen across he street from the New York Stock Monday, Sept. 29, 2008 in New York. Wall Street's worst fears came to pass Monday, when the government's financial bailout plan failed in Congress and stocks plunged precipitously, hurtling the Dow Jones industrials down 777.68, or 6.98 percent to 10,365.45, in their largest one-day point drop ever. [Agencies]

"There's a monster amount of fear out there. This is global contagion. It's no longer just the United States," said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.

The House of Representatives voted 228-to-205 against a compromise bailout plan that would have allowed the Treasury Department to buy up toxic assets from struggling banks. House Republicans, in particular, balked at spending so much taxpayer money just before the November 4 US elections.

"I can't believe they weren't able to come together and come up with a solution. Complete disaster was predicted if it didn't pass," said Stephen Berte, senior equity trader at Standard Life in Boston. "I can't see what the upside is right now."

US President George W. Bush huddled with economic advisers, including Federal Reserve Chairman Ben Bernanke, to consider the administration's next move.

"We need a plan that works," said US Treasury Secretary Henry Paulson, the Bush administration's point man on the bailout since the first plan was announced over a week ago. "We need it as soon as possible, and we're just committed to working with congressional leaders to get it done."

   Previous page 1 2 Next Page  
主站蜘蛛池模板: 欧美99| 久久久久欧美国产精品 | 国产精亚洲视频 | 久久这里只有精品免费播放 | 国产欧美成人 | 一级成人毛片免费观看 | 色国产精品 | 91久久亚洲国产成人精品性色 | 午夜性爽快免费视频播放 | 一级欧美一级日韩片 | 久久香蕉国产精品一区二区三 | 亚洲美女在线视频 | 手机在线观看精品国产片 | 亚洲成人免费网址 | 国产午夜伦伦伦午夜伦 | 台湾三级 | 国产一级一片 | 国产成人a一在线观看 | 免费视频久久看 | 碰碰碰精品视频在线观看 | 美女一级毛片免费观看 | 精品一区二区三区视频在线观看 | 国产伦理自拍 | 欧美精品久久久久久久影视 | 久久久免费观看 | 91精品国产高清久久久久 | 九九综合九九 | 欧美国产三级 | 日本www视频 | 日本高清久久 | 一本一道久久综合狠狠老 | 欧美国产合集在线视频 | 欧美成人在线免费 | 中文字幕在线免费观看视频 | 亚洲男人天堂av | 精品视频在线一区 | 亚洲国产品综合人成综合网站 | 欧美ⅹxxxx视频 | 中国美女牲交一级毛片 | www国产| 三级视频网站在线观看 |