[LINK] "Bad News For The Bailout"
Sep. 25th, 2008 05:16 pmSeveral people on my friends list, includibg
kristine_smith, have linked to this Forbes.com article's frightfulness.
Guess how far Toronto is from the United States border?
Being part of this this will be, um, wow.
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."
Wow.
Guess how far Toronto is from the United States border?
Being part of this this will be, um, wow.