Politics & Government

October 3, 2008

The bailout bill is now the law. So what happens next?

The $700 billion financial-sector bailout became law Friday, but there's still only a vague idea of how it might work and whether it's enough. A lot of heavy lifting lies ahead. That was evident Friday when stock markets largely ignored passage of the legislation. The Dow finished down 157.47 points, 1.5 percent, and the S&P 500 and Nasdaq posted similar drops.

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