Friday, September 26, 2008

Oh Lovely Bailout. Why dost thou...

make no sense as I currently understand you?

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 Tuesday. "We just wanted to choose a really large number." 

h/t Pancake City

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