Bush Signs Bailout Bill

From CNN:

President Bush has signed the far-reaching and historic plan to bail out the nation's ailing financial system. The measure passed the House today by a comfortable margin. "We have acted boldly to prevent the crisis on Wall Street from becoming a crisis in communities across our country," Bush said. Treasury Secretary Henry Paulson pledged quick action to get the program up and operating.

If you're wondering what, exactly, the bailout bill puts into effect, this is a good rundown of the changes. Of special note to MoneyAisle users is the increase of FDIC deposit insurance from $100,000 per individual to $250,000.