It's wait and see after Bush signs rescue plan (AP)

Courtesy Ytop stories  Sat, 10/04/2008 - 2:50am

President Bush shakes hands with Treasury Secretary Henry Paulson at the Treasury Department in Washington after the House passed the $700 billion financial bailout bill, Friday, Oct. 3, 2008.<br /><br />With the economy on the brink of meltdown and elections looming, a reluctant Congress abruptly reversed course and approved a historic $700 billion government bailout of the battered financial industry on Friday.<br /><br />President Bush swiftly signed it. (AP Photo/Charles Dharapak)AP - After two weeks of anguishing debate, Congress has passed and President Bush signed a massive plan to save the financial industry and the economy at large from an unthinkable free fall.

Now, the world holds its breath, seeing if it will work.



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