Monday, 11 January 2010

$700 Billion US Bailout Plan

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"It's not based on any particular data point, we just wanted to choose a really large number." — a Treasury Department spokeswoman explaining how the $700 billion number was chosen for the initial bailout, quoted on Forbes.com Sept. 23, 2009.

Well, no comment on this statement from my side. So “funny”!

3 comments:

Anonymous said...

hehe.. thats true, one of my professors who worked in FED for 25years told us that even that bailout proposal was just 3 pages.

brainutrients said...

Are you serious?? "We just wanted a really large number"?? US Treasury Department?? Speechless...

Anonymous said...

hehe iim ym bolsiimu. Gants manai uls galzuurchaagui l ym bn.