javasaurus | Dow doobie doo down down....way down....

The $700B bailout plan was soundly defeated in the House today, with about two-thirds of Reps and two-fifths of Dems voting "no" -- truly a bipartisan defeat of a knee-jerk reaction to a bad situation. The Dow was down by more than 700 points (about 7%) earlier today, currently down by about 580 points.