Below The Beltway

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Quote Of The Day: They’re Just Making Stuff Up Edition

by @ 1:38 pm on September 26, 2008. Filed under Credit Crisis, Economics, In The News, Politics, Sub-Prime Mortgage Crisis

About that $ 700 billion bailout ?

Yea, they’re not even sure the number is right:

“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.”

Ugh.

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One Response to “Quote Of The Day: They’re Just Making Stuff Up Edition”

  1. [...] tip: Below the Beltway) [S]ome of the most basic details, including the $700 billion figure Treasury would use to buy up [...]

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