Author Topic: Treasury: "We just wanted to choose a really large number"  (Read 515 times)

Bindare_Dundat

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Treasury: "We just wanted to choose a really large number"
« on: September 25, 2008, 10:10:44 PM »
...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."

http://www.forbes.com/home/2008/09/2...23bailout.html

You can't make this stuff up. Amazing.