California Legislators Split over Bailout Package

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After Congress failed to pass the much-compromised Wall Street rescue today, the Dow took its biggest single point-drop in history—777 points. Speaker Nancy Pelosi blamed Republicans for the bill's failure, but no less than half of California's Democratic Caucus also voted "no."

Credits

Guests:
Michael Doyle - McClatchy Newspapers - @MichaelDoyle10, Mark Lacter - Business Writer, LA Observed

Host:
Warren Olney

Producer:
Christian Bordal