The Washington Post, New York Times, and Los Angeles Times lead with news that the Bush administration and Congressional leaders are moving closer to agreeing on the $700-billion bailout plan for financial firms. The LAT says that in its rush to pass the plan, the Bush administration is agreeing to measures that "would have been inconceivable even a few weeks ago." But deep skepticism remains on both sides of the aisle and suddenly lawmakers aren't being shy about questioning whether the plan would really succeed in shoring up the nation's ailing financial system. The WP points out that some lawmakers are now saying it might be unrealistic for them to pass a plan by Friday. And as doubts increased in Capitol Hill, investors responded in kind and continued to send the markets on the dizzying rollercoaster ride that has been all too familiar lately. The Dow Jones industrial average tumbled 372 points, or 3.3 percent, which more than erased Friday's huge gains. "It marked the first time in the Dow's history that it has moved more than 350 points, four days in a row," notes the Wall Street Journal in a Page One piece.
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