Governor says, "Simmer down."

Governor Phil Bredesen's reaction to the failure of the U.S. House of Representatives to approve the bailout:

In light of the House vote rejecting the bailout, what now?

Phil Bredesen, Gov. (D-Tenn.):

Stay calm, let the House leadership on both sides fashion some changes that will bring along more votes. Note to traders, investors, politicians: bad time for a herd mentality.