"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”!
hehe.. thats true, one of my professors who worked in FED for 25years told us that even that bailout proposal was just 3 pages.
ReplyDeleteAre you serious?? "We just wanted a really large number"?? US Treasury Department?? Speechless...
ReplyDeletehehe iim ym bolsiimu. Gants manai uls galzuurchaagui l ym bn.
ReplyDelete