House Rejects Bail-Out

With a vote of 228 to 205, the U.S. House of Representatives has rejected the bail-out that lawmakers hammered out over the weekend that would have thrown an up-to-$700 billion lifeline to Wall Street. Washington State Rep. Jay Inslee (D) joined Republicans Doc Hastings, Cathy McMorris Rodgers, and Dave Reichert in voting No. The markets sunk as news of the vote made its way around the world, and the Dow is down nearly 600 points [UPDATE:] dropped 777 points today--its all-time largest point loss.