By and and and and  on September 30, 2008

Things went from bad to worse for retailing and the financial world Monday.

In Washington, House lawmakers voted down a $700 billion Wall Street bailout package by a 228-205 margin, prompting investors to wonder when — and how — the credit freeze would thaw, and pushing retail stocks to record declines as already-skyrocketing fears over consumer confidence and holiday spending entered the stratosphere.

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