Sep
25
“
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.’
” Hit & Run > A Carefully-Planned, Not-At-All-Slapped-Together Figure Pulled Out of Thin Air - Reason Magazine