On Mar 30, 2011, at 4:52 PM, Jordan Hayes wrote:
>>> if you read it as "the cost of the bailout is $12T" you're way off.
>>
>> Over $14 trillion, if you want to pump it up:
>>
>> http://nomiprins.squarespace.com/storage/bailouttallyoct2010.pdf
>>
>> To do that, you include guarantees.
>
> Which, um, "cost" exactly how much?
Hey, don't blame me! I don't buy it. I'm just pointing to a place where numbers like that come from.