Tuesday, January 06, 2009

The $8 trillion bailout

There was $29 billion for Bear Stearns, $345 billion for Citigroup. The Federal Reserve put up $600 billion to guarantee money market deposits. All told, the price tag so far: $7.2 trillion. Now comes President-elect Barack Obama's economic stimulus plan. The bill is getting awfully close to $8 trillion. full story
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