Not that the folks at the Treasury and the White House are asking, but if I were in charge of the $700 billion bailout of the financial system -- and yes, it's a bailout, because it involves paying more for toxic assets than non-government buyers would pay -- I'd have the Treasury run out today and... -
How to Borrow $700 Billion
Not that the folks at the Treasury and the White House are asking, but if I were in charge of the $700 billion bailout of the financial system -- and yes, it's a bailout, because it involves paying more for toxic assets than non-government buyers would pay -- I'd have the Treasury run out today and...-
By Allan Sloan