Paulson’s Bail out plan was paused by the house on Monday 29/Sep/2008
A sad day for wall street, but a glorious day for democracy-Joseph Stiglitz-Nobel Laureate.
The Dow plunged by 777 points.
Two days later the senate passed the bill.
On Friday .3/October/2008, the House voted for the bill.
Paulson emerges victorious.
He confides that he will use the funds methodically.
A cute remark.
The men who inflicted the wounds doctor it.
It may sound ridiculous superficially.
Deep down ,the anguish has established a melancholic strain.
The U.S recession is unfathomable.
The progress of the 700 billion $ plan is a million dollar question.
The enthusiasm in the wall street is missing.
The investors are dazed.
The Nation is bewildered.
Regulators are injected into the economy.
Strict watch has been infused into credit disbursements.
Appraisals of toxic assets are initiated.
Funds are to be utilised after serious implications.
Nursing back the economy is laborious.
Nurturing requires utmost diligence and care.
The rescue plan can be defined thus,
The cause prescribes the medicine.
It is a symposium that reveals the startling truth.
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