House votes no. Rex Nutting has the best line: House to Wall Street: Drop Dead. He also correctly places the blame and/or credit with House Republicans. For reasons I’ve already explained, I don’t think the Dem leadership was in a position to craft a bill that would have achieved overwhelming Democratic support, so make or break was whether enough GOPers would sign on. They didn’t.
Today was worse than 9/17/01. It was worse than the dot-com implosion in 2000. What will tomorrow bring?
I would strongly advise not looking at your 401(k) -- that is, unless you like pain.