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Global Markets Sink on Bailout News
nytimes.com - 12/11/2008
Global Markets Sink on Bailout News
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Wall Street was poised to open sharply lower, following drops in Europe and Asia, after the Senate rejected legislation to aid the nation’s automakers. >
news.yahoo.com - 12/12/2008
World markets plunge as US auto bailout fails - Yahoo! News
— news.yahoo.com — LONDON World stock markets plunged Friday as the U.S. Senate's rejection of a $14 billion deal to... rescue Detroit's ailing automakers stoked concerns that the recession in the world's largest economy will be even longer and deeper than projected. The ... (more) World markets plunge as US auto bailout fails - Yahoo! News

Comments vote down Firedoglake found this 12/12/2008found this
washingtonmonthly.com - 12/12/2008
No Bailout
— washingtonmonthly.com — No Bailout From the NYT: "The Senate on Thursday night abandoned efforts to fashion a government rescue... of the American automobile industry, as Senate Republicans refused to support a bill endorsed by the White House and Congressional Democrats. The ... (more) No Bailout

Comments vote down Some Guy With a Website by August J. ... found this 12/12/2008found this
obsidianwings.blogs.com - 12/12/2008
No Bailout
— obsidianwings.blogs.com — by hilzoy From the NYT : "The Senate on Thursday night abandoned efforts to fashion a government... rescue of the American automobile industry, as Senate Republicans refused to support a bill endorsed by the White House and Congressional ... (more) No Bailout

Comments vote down Stones Cry Out found this 12/12/2008found this

Blog Reactions

The Page by Mark Halperin:  Asian Stocks Plummet Amidst Auto Bailout Failure

The Caucus:  The Early Word: No Bailout. Now What?

Comments
Blog Reactions

Asian Stocks Plummet Amidst Auto Bailout Failure
The Page by Mark Halperin — ... Stocks in Asia went into negative territory Friday as the American dollar hit a 13-year low against the Japanese yen.       ...

The Early Word: No Bailout. Now What?
The Caucus — ... . The 52-35 vote (a 60 vote majority was needed for passage) came on the heels of intense negotiations by the White House and Congressional leaders to address Republican concern. International markets were already down in response and the viability of General Motors and Chrylser remained uncertain. ...

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