Chris's Rants

Wednesday, September 24, 2008

Bad News For The Bailout

Bad News For The Bailout (Forbes.com):
In fact, some of the most basic details, including the $700 billion figure Treasury would use to buy up bad debt, are fuzzy.

"It's not based on any particular data point," a Treasury spokeswoman told Forbes.com Tuesday. "We just wanted to choose a really large number."
I'd say so.

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