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TV Tracks Votes and Dollars

Sep 30, 2008  •  Post A Comment

News coverage of Monday’s House vote on the federal bailout in Washington and the day’s wild trading on Wall Street made for some dramatic TV, as many watched the 228 to 205 defeat of the rescue plan lead to a record 777-point drop in the stock market, the Associated Press reports. News coverage, on TV as well as online, was able to show viewers the direct consequences government decisions had on other sectors as they happened in real time. “It was both a combination of fear and reality,” Fox Business Network VP of business news Alexis Glick said.
—Sergio Ibarra

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