Just how did the Treasury come up with $700 billion figure for the bailout? A complex algorithim? Carefully analyzed financial data? An estimate of the overall loss of assets of major financial institutions?
“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.”
Please wake me up, this cannot be our reality right now.
“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.”
Please wake me up, this cannot be our reality right now.
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