Photo: Getty Images Yesterday's market drop, the largest in history, wiped $1.2 trillion from the value of U.S. stocks. Ironically, as everyone's now pointing out, that's almost double the amount Treasury Secretary Hank Paulson was asking for as part of the government bailout package that failed spectacularly in the House yesterday due to some large-scale, totally embarrassing political fumbling on the part of basically everyone. In case Americans protesting government intervention still don't

House of Representatives Rejects $700B Bank Rescue Package - FOXBusiness.com House of Representatives Rejects $700B Bank Rescue Package - FOXBusiness.com Monday, September 29, 2008 House of Representatives Rejects $700B Bank Rescue PackageHave questions about the financial rescue plan? Email us at feedback@foxbusiness.com and our team will answer them live on air tonight from 9-11 p.m. EDT In a stunning vote that shocked the capital and worldwide markets, the House on Monday defeated a $7

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After a turbulent week, the Danish stock market has tumbled, with banks and wind turbine producer Vestas feeling the strain. After two hours of trading this morning, the C20 index of leading shares was down 2.25 percent.

Voices of Experience: Alice Wang, Managing Director, Global Credit Markets, J.P. Morgan by Pamela Weinsaft (New York City) “Nothing is impossible – there is always a solution,” advised Alice Wang, Managing Director of Global Credit Markets when interviewed by The Glass Hammer. In 23 years with J.P. Morgan, Ms. Wang has seen the company and the industry change dramatically. She started her career in investment banking after a stint as a CPA with responsibilities that included auditing b