Wall Street - Why did they vote 'No'?

Critics complained about haste and secrecy in assembling the [Bailout] plan. - NYT

“People’s re-elections played into this to a much greater degree than I would have imagined,” said Representative Deborah Pryce of Ohio. - NYT

clipped from www.nytimes.com Among opponents of the rescue plan, some Republicans cited ideological objections to government intervention, and liberal Democrats said they were of no mind to race to aid Wall Street tycoons. Other critics complained about haste and secrecy in assembling the plan. In the end, only 65 Republicans — just one-third of those voting — backed the plan despite personal pleas from President Bush and encouragement from their presidential nominee, Senator John McCain. By contrast, 140 Democrats, or 60 percent, voted in favor, many after voicing grave misgivings. Their nominee, Senator Barack Obama, also backed the bill. Wall Street, R.I.P. Also in Business: Does the financial crisis threaten your job? Inside the bailout bill Citigroup buys Wachovia's bank assets