Worsening US financial crisis spreads overseas
By:
Totie Mesia
Date:
Monday, September 29th, 2008 
The Asian markets open today with grim news that the Dow Jones industrials plunged 780 points after the US government failed to pass the $700 billion bail-out package that is hoped stabilize the floundering economy. Today's trading is expected to be bad overseas. With little time to waste, Capitol Hill is back to rewrite a bill that is deemed vital in averting a domino-effect in cash-strapped financial institutions threatened by bankruptcies.