House Votes Down Bailout Bill,
Stock Market Currently Down 500
The House of Representatives just voted down the bailout bill by a vote of 226-207.
Democratic: Yes - 141 No - 94
Republican: Yes - 66 No - 132
Totals: Yes - 207 No - 226
Supporters of the bill are working the House floor attempting to turn some of the No votes to Yes, so those totals will likely change a bit.
Meanwhile the stock exchange has been bouncing wildly. At one point it was down more than 700, but at this writing it has recovered to a mere -500.
UPDATE: The gavel has come down on the bill. Back to the drawing board.
Hang on to your hats, kids.