Wall Street reacts to US bail-out rejection - 29 Sept 08


Al Jazeera's John Terrett explains the reaction on Wall Street to the rejection of the $700bn bail-out plan of the US economy by Congress.







Channel: News
Uploaded: September 29, 2008 at 7:57 pm
Author: AlJazeeraEnglish

Length: 00:02:29
Rating: 4.46
Views: 7022

Tags: $700 Wall Jazeera Street English billion Al bail-out John Terrett

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Video Comments:
HemiHead66 (November 22, 2008 at 1:39 am)
They rejected the bailout so they could make a killing shorting the market. They did the same thing yesterday with the auto industry bailout. Then you got Bush's boy Cox at the SEC calling for a temporary ban on naked short selling when it's 100% illegal. Two years ago they were throwing people in jail for it, now Wall Street's finest are allowed to reach in to the market with both hands and grab as much cash as they can carry and nobody says a thing.
carlawon (October 26, 2008 at 6:41 am)
why do you think other nations meet with the u.s to talk about the financial issues? because countries like china are greatly effected. do some research!
carlawon (October 26, 2008 at 6:39 am)
powerfulchinaforever.. idiot!if u.s economy falls china will lose a serious amout of income.if the united states growth stopped it would effect the globe.
PowerfulChinaForever (October 22, 2008 at 8:31 pm)
if usa actually stops trading with china, their products would be rare and harder to get. and china still got india, russia, in fact most of the world's countries will still trade with china since its the biggest exporter so china is going to be fine.

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