Adhesives Magazine

HOUSE PASSES BAILOUT (10/3/08)

October 3, 2008

NEW YORK (CNNMoney.com) -- The House on Friday passed a far-reaching and historic plan to bail out the nation's financial system.

The vote for passage of the Senate-amended bill - 263 to 171 - was the result of strong lobbying on the part of the White House and other supporters of the bill all week, following the House defeat of a similar measure on Monday - a defeat that shocked the markets and congressional leaders on both sides of the aisle.

For the full story, visit money.cnn.com/2008/10/03/news/economy/house_friday_bailout/index.htm?postversion=2008100309.