STATUS: BAILOUT & FINANCIAL MARKETS
THE BILL STATUS: Bill# has changed to HR1424: http://www.opencongress.org/bill/110-h1424/show Senate used an old renewable energy tax credits bill from last December and added the new Bailout bill to it. Who would guess. Senate vote breakdown on Wednesday night: http://www.opencongress.org/roll_call/show/5093 Last Monday vote breakdown: http://globaleconomicanalysis.blogspot.com/2008/09/metrofax-compatible-fax-list-for-all.html The 12 key House Nah votes last Monday; up for re-election: http://globaleconomicanalysis.blogspot.com/2008/09/congressional-most-endangered-list.html Live on CSPAN – Friday House vote http://www.c-span.org/Watch/C-SPAN_wm.aspx starting at 9 am Friday October 03, 2008 THE MARKET SITUATION: Nouriel Roubini Oct 3, 2008 Financial and Corporate System is in Cardiac Arrest: The Risk of the Mother of All Bank Runs It is now clear that the US financial system - and now even the system of financing of the corporate sector - is now in cardiac arrest and at a risk of a...