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Thursday, September 25, 2008

This bailout is 900 miles wide

Or... you know... whatever big number scares you enough.

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."


via Suspect-Device

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