Well , well , well . Congress refuses to pass a massive tax - payer bailout of Wall Street and politicians and the media lose their minds ... The market goes down 777 points . The media tells us this is the single worst loss in Wall Street history .
According to the above context, answer the following question.
What is a likely reason that congress decided not to sponsor the wall street bailout ?


They figured that this level of involvement with financial entities would set a bad precedent